Claim: Saehan Motors was an automotive company in Seoul, South Korea founded in 1976 but was bought out by Daewoo Motors (established in 1937 as "National Motors) in 1982 and was defunct in 1983.
Evidence: Seoul, South Korea Automotive Saehan Motor Company 1976 Bought out by Daewoo Motors in 1982 Daewoo Motors was a South Korean automotive company established in 1937 as "National Motors". 1983 
The Saehan Motor Company was a South-Korean car maker founded in 1976, which was born on the collaboration of Shinjin Industrial Company and the will of General Motors to introduce their products on the South Korean market. Seoul, South Korea 1983 Daewoo Motors was a South Korean automotive company established in 1937 as "National Motors".