Daewoo stores market Daewoo Electronics products under their "Trutech" brand on an ODM basis. In 2004, General Motors pulled the Daewoo brand of vehicles out of Australia and New Zealand, citing irreparable brand damage. Later that same year, GM announced that Daewoo Motors in Europe would change its name to Chevrolet on 1 January 2005. In 2005, it was announced that Daewoo cars would have a Holden badge in Australia and New Zealand. In South Africa, Thailand, and the Middle East, Daewoo models were already branded Chevrolet. In South Korea, Daewoo was renamed GM Korea. As part of the company reorganization,
Daewoo Mirae Daewoo Mirae The Daewoo Mirae was a concept car that was unveiled on April 20, 1999, by Queen Elizabeth II at Daewoo's Seoul design studio 'Design Forum' and then again at the 1999 Seoul Motor Show. "Mirae" in Korean means "future". Designed at Daewoo's UK Worthing Technical Centre, somewhat unusually it premiered in two forms: an exterior model, and a separate interior technology showcase model. Production was hinted to commence in 2010, but with the collapse of Daewoo Group in 2000 and the subsequent General Motors takeover, the concept car appears to be unlikely to be produced in the original