Daewoo
Defunct Seoul automaker
Daewoo is a South Korean conglomerate that became prominent in automobiles, electronics, and shipbuilding before its 1999 collapse—one of the largest corporate failures in history.
The name persists on appliances and in references to affordable cars from the 1990s and early 2000s: My first car was a Daewoo.
Korean family-run conglomerate
- SamsungSouth Korean tech conglomerate
- HyundaiKorean automobile manufacturer
- LGKorean electronics conglomerate
- KiaSouth Korean vehicle manufacturer
Seoul · South Korea · export · manufacturing · family-owned
Legal status when insolvent
- debtMoney owed another
- liquidationSelling assets for cash
- restructuringRearranging an existing framework
- creditorsThose owed payment
insolvency · government intervention · too big to fail · scandal · mismanagement · accounting fraud · dissolution · receivership
Name meaning great
- affordableReasonably priced
- compactTightly packed together
- economy carFuel-efficient, affordable vehicle
- hatchbackCar with rear swing-door
Expanding into varied areas
- subsidiariesCompanies owned by another
- shipbuildingConstructing maritime vessels
- electronicsStudy of circuits
- constructionProcess of building something
trading · telecommunications · holding company · vertical integration · expansion · global reach · multinational
Ships transporting fluids
- container shipsVessels transporting standardized freight boxes
- offshore platformsMarine drilling installations
- drillshipsShips with onboard boring equipment
- naval vesselsMilitary ships at sea
chaebol
Korean family-run conglomerate
- SamsungSouth Korean tech conglomerate
- HyundaiKorean automobile manufacturer
- LGKorean electronics conglomerate
Kia · Seoul · South Korea · export · manufacturing · family-owned
bankruptcy
Legal status when insolvent
- debtMoney owed another
- liquidationSelling assets for cash
- restructuringRearranging an existing framework
creditors · insolvency · government intervention · too big to fail · scandal · mismanagement · accounting fraud · dissolution · receivership
Magnus
Name meaning great
- affordableReasonably priced
- compactTightly packed together
- economy carFuel-efficient, affordable vehicle
diversification
Expanding into varied areas
- subsidiariesCompanies owned by another
- shipbuildingConstructing maritime vessels
- electronicsStudy of circuits
construction · trading · telecommunications · holding company · vertical integration · expansion · global reach · multinational
tankers
Ships transporting fluids
- container shipsVessels transporting standardized freight boxes
- offshore platformsMarine drilling installations
- drillshipsShips with onboard boring equipment
- Asian CompaniesSamsung, Sony, Toyota, Honda, Hyundai
- Korea 1990sdemocratization, chaebol, Hyundai, Samsung, economic crisis
- Korean BusinessSamsung, Hyundai, LG Electronics, SK, Kia
- Korean CarsHyundai, Kia, Tucson, Santa Fe, Telluride
- South Korean economySamsung, Hyundai, LG, chaebol, chaebols
- ShipbuildersNewport News, Bollinger, shipwright, naval architect, ship fitter
DaewooSamsung
South Korean tech conglomerate
Hyundai · Toyota · LG · General Motors · Volkswagen
DaewooRolls-Royce
Premier British automaker
Bentley · Lexus · BMW · Mercedes-Benz · Porsche