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The information on this page comes from the UK Activity Report.
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Daewoo

Daewoo is to recruit about 80 independent dealers having dropped plans to own all its UK car retail outlets, and at least three of its existing sites are being taken over by Arnold Clark, Roadworthy and Millennium Group. 17-Sep-2001

Daewoo Cars is to close 32 of its 74 sales and service centres in Halfords stores. 24-Apr-2001

Daewoo has sold its technical centre in Worthing to TWR, the racing car group, which will involve the transfer of 160 engineering and design staff. 18-Apr-2001

Daewoo is to shed a further 90 jobs at its technical centre in Worthing, leaving a workforce of 160. 19-Mar-2001

Daewoo has appointed provisional liquidators at its technical centre in Worthing, in an attempt to save 400 design and engineering jobs and prepare for a trade sale of the site. 22-Jan-2001

Daewoo has confirmed plans to cut 113 jobs at its UK technical centre in Worthing, West Sussex, as part of a cost-reduction programme. 02-Aug-2000

Daewoo is planning to restructure its UK car business, which is expected to lead to job losses at its technical centre in Worthing. 25-May-2000

Daewoo of South Korea is in discussions with Sainsbury to extend a pilot scheme selling new cars in supermarkets. 04-Oct-1999

Daewoo Electronics has warned that 1,000 jobs could be at risk in Northern Ireland, as the IMF plan to bail-out South Korea's industrial conglomerates would result in Daewoo focusing on cars and heavy industries instead of electronics. 15-Dec-1998

LDV and Daewoo have won European Commission approval for a £25m government grant to expand van production in Birmingham. 17-Nov-1998

LDV, the van maker, is said to be considering a flotation once it has completed a £160m expansion programme with Daewoo to boost production from 20,000 to 80,000 vehicles. 30-Apr-1998

Daewoo of South Korea is forming a £160m joint venture with LDV of Birmingham to build up to 80,000 medium and heavy vans per year, creating about 2,000 jobs. 19-Mar-1998

LDV and Daewoo are expected to get the government go-ahead later this month for a joint venture to make vans in Birmingham, but they may not get all of the £40m aid applied for. 17-Jan-1998

LDV is in discussions with Daewoo of South Korea about building a replacement for LDV's current range of vans, which could result in Daewoo buying a stake in LDV. 08-Dec-1997

Daewoo Motor of South Korea has withdrawn from talks to acquire the Lotus sports car and engineering business due to failure to reach agreement on terms and conditions. 03-Oct-1996

Daewoo is planning to introduce controversial zero-hour contracts for some of its UK employees, particularly those involved in its commitment to service cars free for the first 3 years. 28-Aug-1996

Group Lotus has told Daewoo of South Korea that it has not been successful in its attempt to buy the company, and instead Lotus will continue looking for suitable partners to co-operate in engineering and funding. 24-Apr-1996

Daewoo has opened its first permanent car showroom in a hypermarket - at SavaCentre in London Colney - and it will open in other SavaCentres if it proves successful. 07-Apr-1996

Daewoo Electronics of South Korea has confirmed it will spend £14.8m expanding its VTR plant in Antrim, creating 300 jobs. 28-Mar-1996

Daewoo of South Korea and Texas Instruments of the US are discussing a possible $1bn investment in a semiconductor plant in Northern Ireland. 18-Mar-1996

Lotus, the engineering and sports car concern, is in discussions with potential buyers, one of which is said to be Daewoo. 06-Mar-1996

Daewoo is moving into Northern Ireland with a showroom due to open in Belfast in April. 12-Feb-1996

Halfords is to modify about 30 of its superstores to incorporate Daewoo car sales showrooms. 28-Nov-1995



The information on this page comes from the UK Activity Report.
One-month trial now available for £20!












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