Mirae Asset Daewoo Securities cars and ships and operating steel works. The South Korean state encouraged large and paternalistic conglomerates to use their capital to expand into unrelated businesses, protected by high tariff barriers and arcane regulations. In this way the car and steel giant Daewoo branched out into dealing in securities. In the 1990s this strategy hit problems as South Korea opened its markets to foreign competition and at the same time the founders of these conglomerates grew too old to run their creations and passed the reins on to their less focused children. Daewoo Securities was spun off from the Daewoo Corporation
Daewoo Espero (Opel Vectra A) was discontinued and the Vauxhall Vectra (Opel Vectra B), the Cavalier's replacement, was introduced. Daewoo Espero The Daewoo Espero (also known as Daewoo Aranos in some Spanish-speaking countries) is a four-door, five-seater mid-sized notchback saloon produced by the South Korean company Daewoo Motors from September 1990 to 1997. It was technically based on the GM J platform. The body was designed by Italdesign. The car was equipped with Holden-built GM Family 1 1.5 L engine, or the 1.8 or 2.0 L Family II engine. The Espero was replaced by the Daewoo Leganza in 1997. The Espero was