DAEWOO CANADA ANNOUNCES EXPANSION PLANS
By Adnews Staff
Three months after entering the Canadian market, Daewoo Auto Canada Inc. has announced expansion plans. A subsidiary of Korea's Daewoo Motor Company, the firm has announced plans to open 16 more dealerships in Ontario and Quebec and expand into British Columbia and the Atlantic provinces. Daewoo Auto Canada launched three new car models in Quebec and Ontario in April of this year. The company announced yesterday that it plans to launch two sports utility vehicles in 2000 and a mini-van in 2001. The company currently operates 13 dealerships in Ontario and Quebec with plans to have 30 dealerships in these provinces by the end of the year. The company intends to have a presence in every province by 2000. According to the company, to celebrate its growing presence in Canada, Daewoo has given cars to 30 Ontarians and 30 Quebecers to test drive until the end of November. The 60 Canadians were contestants who called Daewoo's 1-888 line and entered in a daily draw.