Subsidiary | |
Industry | Automotive |
Founded | 2002 |
Headquarters | Gunsan, South Korea |
Key people
|
Natarajan Chandrasekaran, Chairman |
Products | Commercial vehicles |
Parent | Tata Motors |
Website | Official Website |
Tata Daewoo | |
Hangul | 타타대우상용차 |
---|---|
Hanja | 타타大宇商用車 |
Revised Romanization | Tata Dae-u Sangyongcha |
McCune–Reischauer | T'at'a Taeu Sangyongch'a |
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.
The company was established in 2002 as Daewoo Commercial Vehicle Co. Ltd, after it was spun off from parent Daewoo Motor Co. Ltd. In 2004 it was acquired by Tata Motors, India's largest passenger automobile and commercial vehicle manufacturing company. Tata Daewoo has CKD Projects in India and Pakistan. Tata Daewoo-Korea and Afzal Motors-Pakistan signed a Technical Assistance Agreement on 12 December 2005 in Pakistan. The CKD Plant of Afzal Motors in Pakistan was inaugurated by Prime Minister of Pakistan Mr. Shaukat Aziz on 8 January 2007. Afzal Motors is assembling a wide range of Daewoo Commercial Vehicles including Daewoo Prime Movers, Daewoo Truck Chassis and Daewoo Dump Trucks. Tata Daewoo and Afzal Motors are in final stage to export Daewoo Trucks assembled in Pakistan to Middle East and Central Asian Stats. Daewoo Trucks are being sold across the globe under the Daewoo and Tata Daewoo as well. Tata Daewoo-Korea and BadanBas-Malaysia signed a Technical Assistance Agreement on May 2015 in Malaysia.