Daewoo Maepsy retired. Claimed power for the earlier 1.5 was now only as South Korea had switched to using DIN ratings, but when the XQ arrived Daewoo once again used SAE gross and claimed . Between 1982 and 1989, 400,000 Maepsys and Maepsy-Nas were built. Production of the regular sedan ended in July 1986 when the Racer/LeMans was introduced although a version intended for taxi usage continued to be produced until 1989. A pickup truck version was also offered initially as the Saehan Max and later as the Daewoo Max from August 1979 to 1988. These have the 1.5-liter four, although Opel's
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