{{Short description|Automobile manufacturer (1994–2008)}} {{More citations needed|date=July 2022}} {{Infobox company | name = RODAE Automobile Craiova S.A. | logo = Logo der Rodae Automobile.png | type = Joint venture | industry = Automotive industry | predecessor = Oltena | founded = 1994 | defunct = 2008 | fate = Change of ownership | successor = Ford Romania | hq_location_city = Craiova | hq_location_country = Romania | products = Automobiles | owner = Daewoo Heavy Industries (51%)<br />S.C. Automobile Craiova S.A. (49%) }}
'''Rodae''' (officially '''''RODAE Automobile Craiova S.A.''''', and later '''''Daewoo Automobile Romania S.A.''''') was a joint venture between S.C. Automobile Craiova S.A. and Daewoo Heavy Industries that started in 1994.<ref>{{cite web|url=https://www.automobileromanesti.ro/index.php?categ=Oltcit|title=Oltcit|website=automobileromanesti.ro|access-date=July 23, 2022}}</ref>
==History== In November 1994, Daewoo opened a production line in Romania, becoming the country's most important foreign investor, by establishing a joint venture, created by Automobile Craiova and the South Korean Daewoo group.
In 2006, Daewoo Automobile Craiova S.A. bought back 51% of the shares owned by the Korean company, which became 100% owned by the Romanian state.<ref>{{cite web|url=https://ziare.com/stiri/contracte/daewoo-romania-a-revenit-in-proprietatea-statului-roman-44518|title=Daewoo Romania a revenit in proprietatea statului roman|website=ziare.com|access-date=July 23, 2022}}</ref>
In 2008, it was sold to Ford of Europe, a division of Ford Motor Company.<ref>{{cite web|url=https://paginiromanesti.ca/2007/09/15/ford-a-cumparat-daewoo-craiova/|title=Ford a cumparat Daewoo Craiova|website=paginiromanesti.ca|date=15 September 2007 |access-date=July 23, 2022}}</ref>
==Models== * Rodae Club (1994–1996) * Rodae Club 12 CS (1994–1995) * Daewoo Cielo (1996–2007) * Daewoo Espero (1996–2002) * Daewoo Tico (1998–2002) * Daewoo Leganza (1998–2002) * Daewoo Nubira (1998–2008) * Daewoo Matiz (1999–2008) * Daewoo Tacuma (2002–2007)
==References== <references />
==External links==
{{Romania-company-stub}} {{Auto-corp-stub}}
Category:1994 establishments in Romania Category:2008 disestablishments in Romania Category:Former joint ventures