Daewoo will this month announce plans to revive its Polish car factory Daewoo FSO, according to reports.

The plant which once built FSO Polonez cars mainly for Eastern European markets is the biggest of 11 overseas plants excluded from GM’s asset purchase deal with Daewoo and its creditors this week.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Daewoo Motor president Lee Young-kook reportedly said that Daewoo would keep its stake in the Polish factory and would announce plans to keep it operating later this month.

The factory can build 272,000 cars a year.

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now