So, the company goes out of business to avoid having to issue a recall? And this makes sense to you?

I know for a fact that it did. Because Daewoo was only in production from the late 90s to the very early 2000s, and had vanished in the haze once complaints were being stated. I know that not everyone will agree or believe me on this, but Daewoo was in fact a scam car company. Not to mention they had made it virtually impossible to try to find parts for the vehicles at stake, so anyone who drives one nowadays is on bought time.

Actually, you're wrong on just about everything you've stated here. Before you respond, try some research -- start with the Wikipedia article on the Daewoo conglomerate, of which Daewoo Motors was a part.

I didn't know you guys in USA even got Daewoos back in the 90s and early 2000s.

Here in the UK they were generally a budget brand of car and did fairly well due to cheaper purchase price on their new cars. From what I heard it was GM that bought the company, and in the 90s the Daewoos were just updated designs of GM's 80s hatchbacks and saloon cars. Nowadays they are badged as Chevrolet and are sold here with some Daewoo models still going, but obviously a lot more modern designs.

Just my experience with them. And I knew a few people that had some of their older cars and said they were just average - not better and not any worse than any other car if you look after them.