From 1994 and up until 2006, Automobile Craiova S.A. (ACSA) had as its basic activity the sale of various spare parts and accessories for Oltena, Dacia and Daewoo cars.

In 1991, as a result of the withdrawal of Citroën from the joint venture, the name of the company was changed to Automobile Craiova and production continued under the Oltena brand.

[5] In 1997, the name was changed to Daewoo Automobile Romania and a new engine and transmission factory was opened by the company, and by 2001 was also producing the Matiz and Nubira II.

To make matters worse for the company, General Motors started selling the products of the GM Daewoo in 2003, under the Chevrolet brand.

This happens on the background of the growing market for the SUV segment in Europe, and will bring an investment of €200 million to the factory.