Rory Harvey, sales director for GM Daewoo’s UK operation, is predicting that sales for this year to date will be up 60% by the end of May.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


He forecast that Daewoo would sell 20,000 cars this year and 26,000 units in 2005 as a growing number of new products come on stream.


Harvey said new products developed to suit European tastes and an expanding network of dealers were the twin platforms for Daewoo growth.


During the first quarter of next year the company will launch a new Matiz supermini and three-door Kalos followed by a new SUV, sized between Land Rover’s Freelander and Discovery, in 2006.


The as yet un-named SUV has styling cues from the BMW X5, Audi A2 and Land Rover’s Freelander and will introduce Daewoo’s first (and much-needed in Europe) diesel engines.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Built in Korea under licence from Italy’s VM Motori, the 1.5-litre and two-litre turbodiesels will be offered throughout the range, except Matiz. The redesigned Matiz and new SUV will debut at this September’s Paris motor show.


Daewoo’s UK retail network will grow to 100 centres by the end of this year.


The brand, headed in Korea by former GM Vauxhall head Nick Reilly, has longer term plans for an “affordable” two-seater sports car, to provide a “hero or halo” product for the brand.