Daewoo Expansion Continues
2 December 1999
Daewoo Expansion ContinuesCOMPTON, Calif., Dec. 2 -- Daewoo continued its upward progression in November with sales of 3,166 vehicles, almost 700% greater than the same period one year ago. During the 25 day selling period, Leganza continued to lead all models with 1,574 units sold, followed by Nubira at 913 and Lanos at 679. Model Nov 98 Nov 99 Oct-Nov Oct-Nov Jan-Nov 98 99 YTD 99 Leganza 197 1,574 1,037 3,051 12,243 Nubira 73 913 367 1,830 7,748 Lanos 131 679 241 2,002 8,660 TOTAL 401 3,166 1,645 6,883 28,651 Source: Daewoo Motor America Since October, Daewoo has expanded its retail network by 18 facilities. The company now operates 259 outlets in 43 states. By year-end, Daewoo is targeting a retail network of 300 outlets.