Daewoo Achieves Best Ever Sales
2 February 2000
Daewoo Achieves Best Ever SalesCOMPTON, Calif., Feb. 1 -- Daewoo Motor America started the year 2000 off on a high note by recording its best sales month in its 16 months of operation. January 2000 sales hit the 5,015 mark, an increase of 675% compared with the same period one year ago. Sales were 30% greater than Daewoo Motor America's previously recorded best month of 3,848 vehicles. For the 26-day sales period, Leganza led all models with 2,197 units sold, followed by Nubira at 1,473 and Lanos at 1,345. Model January 1999 January 2000 % Change Leganza 320 2,197 587% Nubira 183 1,473 795% Lanos 144 1,345 834% Total 647 5,015 675% All Daewoo models are sold through a network of 301 retail locations in 45 states. This is a huge expansion from the 15 outlets in 9 states in operation just one year ago. Daewoo Motor America, Inc. is based in Compton, CA, and is the U.S. subsidiary of Daewoo Motor headquartered in Seoul, Korea. Daewoo Motor operates 18 manufacturing facilities in 14 countries and has sales operations in more than 180 countries. Joining the Daewoo Motor America line-up later this year will be the sporty Korando SUV.