The South Korean car sensation Daewoo has fascinated the car owners with its new mini car which will be on sale in Europe from the beginning of 2010. The company will assemble the cars in India, Columbia, Uzbekistan and Vietnam. The car is the offshoot of the company’s 27 month research and development scheme @the investment of $239 million. The design is from the apex body, General Motors and is believed to become the industry benchmark in the mini car segment by portraying its look, performance and safety.
The Matiz Creative displays the talent of GMDAT’s (GM Daewoo Auto and Technology) effort to show case the credentials of GM Daewoo. Incidentally, GMDAT is the South Korea’s third largest car maker from 2002 as GM gave a relief hand to Daewoo at the time of bankruptcy. On Sep 2 Matiz Creative was launched in Seoul as a testifying effort and gradually will be on display in some 150 countries in world from 2010. Designed to carry 5 persons with a drive power of 1000cc (DOHC engine) and is noted for its Korea’s Ultra-Low Emission Vehicle rating. The fuel rate is 6km/lit @100km. Though designed as mini car, it still exhibits all the luxuries found in the normal car at the mini car price suiting the urban life style.