Tata Daewoo (officially Tata Daewoo Commercial Vehicle Company) is a commercial vehicle manufacturer headquartered in Gunsan, Jeollabuk-do, South Korea and a wholly owned subsidiary of Tata Motors. It is the second-largest heavy commercial vehicle manufacturer in South Korea.
Tata Motors acquired Daewoo, Daewoo's parent company is Tata Motors
The company was established in 2002 as "Daewoo Commercial Vehicle Co. Ltd", after it was spun off from parent Daewoo Motors.[1]
In 2004 it was acquired by Tata Motors, India's largest passenger automobile and commercial vehicle manufacturing company.[2] The Tata Daewoo has a collaboration with Tata Motors its parent company in India.
Tata Daewoo Korea and Afzal Motors-Pakistan signed a Technical Assistance Agreement on 12 December 2005 in Pakistan. The assembling plant of Afzal Motors in Pakistan was inaugurated by Prime Minister of Pakistan Mr. Shaukat Aziz on 8 January 2007. And assembles Truck Chassis and Daewoo Dump Trucks.[3]
In 2013, the Vehicular Authority of South Korea has ordered that the trucks sold by Tata Daewoo Commercial Vehicles, has been recalled due to a steering failure.[4] The 3,276 trucks sold in these country has been repaired and now are in service.[5]
Tata Daewoo-Korea and BadanBas-Malaysia signed a Technical Assistance Agreement in May 2015 in Malaysia. In 2017 Tata-Daewoo began to sell their trucks under the Daewoo brand in South Korea.[6][7]
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