Daewoo USA only folded, when General Motors bought a majority share in the Daewoo company and decided to eliminate Daewoo USA.
http://www.usatoday.com/money/autos/.../gm-daewoo.htm
Were they trying to eliminate the competition? Who knows, but Daewoo is alive and well around the rest of the world.
When the Chinese manufactures get DOT approval for the mainland, expect scare tactics from the big 3, unless they badge them as their own..
Surfing some other forums.. with regards to Chinese auto's, Ive already witnessed pictures of horrific car crashes featuring Lifan automobiles.
http://www.chinacarforums.com/forum/index.php
DOT will certainly be vigilant with China Auto's after all the pet food, seafood and toothpaste problems.
I wish they would get here quick but.... don't hold your breath..
NET