Daewoo Leganza the Leganza was not afforded a mid-life facelift, so there was no "V150" model (the xx50 designations are used by Daewoo to indicate facelifted versions of xx00 models). Rather than that, Daewoo increased the wheelbase of the V100 platform by to develop a new model, called Daewoo Magnus (V200), which was launched in 2000. Both models were sold side by side in Korea, and the Leganza got a small update (front grille) in 2001 – but the Magnus has not been launched internationally until Leganza's demise in 2002, effectively replacing it. Daewoo ceased North American sales by then, so the
Daewoo Motors Chevrolet Aveo has been assembled for local market at the Chornomorsk subsidiary. Following the bankruptcy of Daewoo Motor in 2001, UkrAVTO corporation bought out the AvtoZAZ holding in 2002. All of the AvtoZAZ manufacturing facilities (most notably MeMZ and the Chornomorsk assembling plant) were reincorporated into ZAZ. The company even adopted a new logo. The Daewoo part in the joint venture was bought out by the Swiss venture Hirsch & CIE in 2003. In August 1992, Daewoo set up Uz-DaewooAuto, a joint venture in Asaka, Uzbekistan, leveraging the presence of a large local ethnic Korean minority. Currently, the plant assembles