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Daewoo Announces Strongest Sales Since U.S. Launch One Year Ago

5 October 1999

Daewoo Announces Strongest Sales Since U.S. Launch One Year Ago

    COMPTON, Calif., Oct. 4 -- Daewoo Motor America announces
September as its best month in the U.S. auto market.  For the first time since
the product entered the U.S. auto market one year ago, sales have reached
3,848 units in retail.  In the 25-day period, Leganza sold 1,010 units, Nubira
sold 1,033 units and the Lanos more than doubled its August sales with 1,805
units.
    Since being introduced into the U.S. auto market in September 1998, Daewoo
automobiles have received strong recognition for their quality and high value.
The Automobile Club of Southern California's 1999 Target Car Program Final
Report placed the Daewoo Lanos 3 door SE first and the Nubira SX second in the
"Best Value Car" category.  The Leganza CDX ranked seventh among passenger
cars, according to cost per point results.

    Model                   Month of September          Year-to-Date
    Leganza                         1,010                   9,192
    Nubira                          1,033                   5,918
    Lanos                           1,805                   6,658
    Total                           3,848                  21,768

    Source:  Daewoo Motor America

    Daewoo Motor America hopes to reach more Americans through the rapid
expansion of its retail network.  Daewoo has added 70 retail outlets and eight
states to its network since August.  Currently Daewoo operates 209 outlets in
43 states.  Daewoo plans on increasing its retail network to 300 outlets by
year-end.
    Daewoo Motor America will be participating in the South Florida Auto Show
in October.  The spotlight will be on the much-anticipated Nubira 2000.
Nubira 2000 displays the most significant revisions of any Daewoo vehicles
being sold in the U.S., and the South Florida Auto Show will be its first
public appearance.  The full line of year 2000 Daewoo vehicles will be
introduced to showrooms across the nation in mid-October.
    For more information on Daewoo Motor America and the complete line of
Daewoo vehicles, please visit http://www.daewoous.com or call 1-877-GO-DAEWOO.