The Tico wis based on the 1988 Suzuki Alto. The caur wis equipped wi a three-cylinder 796 cc S-TEC ingine an haed a five-speed manual transmission or three-speed automatic transmission. The Tico wis exportit tae Europe, mainly tae eastren markets. It wis hichtlie popular in such kintras as: Romanie, Bulgarie, Macedonie, Poland an Czech Republic. It wis also exportit tae Latin Americae where it also wis named Daewoo Fino for some markets. It wis especially popular in Peru.
Daewoo expandit tae Wastren Europe at the beginnin o 1995, but the Tico wis never sold in ony o these markets, although its successor (the Matiz) wis launched there in 1998 an went on tae be a great sales success.
Ower its years o production, the Tico haes seen serious modifications, maistly tae the ingine. Originally equipped wi a carburetor (47 bhp), it wis later upgradit tae fuel injection, thus reachin Euro 2 pollution standard. Injection gave an increase o pouer. Some versions o the Tico in the Korean domestic market wur pouered on liquefied petroleum gas.
In 2000, the Tico wis replaced wi a new caur, the Daewoo Matiz. The Tico wis sold alangside the Matiz till 2001.
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