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Chinese Automobiles Are Coming To Showrooms Near You Sooner Than You Think...

RUCRAYZE

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Shinjin Motor started a joint venture with General Motors under the name General Motors Korea, but was renamed again in 1976 to Saehan Motor. After the Daewoo Group gained control in 1982 the name was changed to Daewoo Motor. In the early 1990s the company started to expand heavily throughout the world. Until 1996 all cars were based on models from General Motors. After the Asian financial crisis started in 1997, it took over the troubled jeep specialist SsangYong in 1998, but ran into financial trouble in 1999. In 2001 General Motors decided to buy most of Daewoo Motor's assets to form GM Daewoo. The new company started operations on October 17, 2002, with GM and its partners Suzuki and SAIC holding a stake of 66.7% with investments of US$400 million
bold underline by me
 

Neal

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Johnny Acree

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That's nice , but I don't know how to work a smart phone. and It looks a lot like that gyro bike in Calif.
Lit motors.

Wiki says this.
By 2017, newsletter content no longer featured physical testing, was starkly silent on production, and doesn't show any indication that Lit expects to have the ability to make a deliverable product.
 
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FC

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Two wheels? Why?
With 2 wheels it would have better aerodynamics than a 3 wheeler. I do wonder if there would be a weight savings vs 3 wheel, the gyro keeping it balanced would have some significant weight. Did Lit motors get bought out by a Chinese company, or is this a copy of Lit's design?
 

mkiker2089

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I think Lit is just gone, and I find it hard to imagine two wheels is better than 3. The cost and weight savings will be outweighed by the gyroscopic equipment needed to keep it upright as well as the landing gear. The amount of space needed to add a second front wheel would be negligible. I suppose this is more for motorcycle people than the average consumer though.
 
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