The Daewoo Tico is a city car

City car

A city car is a small car intended for use primarily in an urban area.City cars are sold worldwide and most automotive industry manufacturers have one or two in their line-up. In North-America city cars are often referred to simply as "subcompacts" alongside the superminis. These kind of cars...

 produced by the Korean automaker Daewoo from 1991 to 2001.

The Tico was based on the 1988 Suzuki Alto

Suzuki Alto

The Suzuki Alto is a small car designed by Suzuki. Its selling points include low price and good fuel economy. The model was introduced in 1979 and has been built in many countries worldwide.-1st generation :...

. The car was equipped with a three-cylinder 796 cc S-TEC engine

Daewoo S-TEC engine

S-TEC is a low-displacement engine range codeveloped by Suzuki and Daewoo Motors for use in micro- and subcompact cars.The first model was 0.8 L Straight-3 engine, based on the powerplant of the Suzuki Alto...

 and had a five-speed manual transmission or three-speed automatic transmission. The Tico was exported to Europe

Europe

Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

, mainly to eastern markets. It was highly popular in such countries as: Romania, Bulgaria, Macedonia, Poland, Czech Republic, Croatia and Slovenia. It was also exported to Latin America where it also was named Daewoo Fino for some markets. It was especially popular in Peru

Peru

Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....

.

Daewoo expanded to Western Europe

Western Europe

Western Europe is a loose term for the collection of countries in the western most region of the European continents, though this definition is context-dependent and carries cultural and political connotations. One definition describes Western Europe as a geographic entity—the region lying in the...

 at the beginning of 1995, but the Tico was never sold in any of these markets, although its successor (the Matiz) was launched there in 1998 and went on to be a great sales success.

Over its years of production, the Tico has seen serious modifications, mostly to the engine. Originally equipped with a carburetor (47 bhp), it was later upgraded to fuel injection, thus reaching Euro 2 pollution standard. Injection gave an increase of power. Some versions of the Tico in the Korean domestic market were powered on liquefied petroleum gas.

Daewoo assembled the Tico at the old Oltcit

Automobile Craiova

Automobile Craiova is a Romanian car manufacturer located in Craiova, Romania. It is owned by Ford Motor Company.-The beginnings:Automobile Craiova was founded in 1976 as OLTCIT joint venture company between the Romanian government and Citroën...

 factory in Romania

Romania

Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...

, and at the FSO factory in Poland

Poland

Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...

.

In 2000, the Tico was replaced with a new car, the Daewoo Matiz

Daewoo Matiz

-M100 :The production of Daewoo Matiz started in 1998 and it was sold in South Korea and many European markets with the code name M100. The exterior design is based on the Lucciola, a Fiat Cinquecento concept by Italdesign Giugiaro which had been rejected by Fiat. The 0.8-litre gasoline engine and...

. The Tico was sold alongside the Matiz until 2001.