Daewoo financed industrialization, and provided protection from competition to the chaebol in exchange for a company's political support. In the beginning, the Korean government instigated a series of five-year plans under which the chaebol were required to achieve a number of basic objectives. Daewoo did not become a major player until the second five-year plan. Daewoo benefited from government-sponsored cheap loans based on potential export profits. The company initially concentrated on labor-intensive clothing and textile industries that provided high profit margins because of South Korea's large and relatively inexpensive workforce. The third and fourth of the five-year plans occurred from 1973
Daewoo Musiro and innovative vehicle. The neat exterior reminded viewers of the Audi TT but the coupe lines disguised an innovative opening roof. The traditional issues of open top cars being less stiff than closed roof cars and folding 'hardtop cars' having little boot space was solved by Worthing's Daewoo designers - the roof panel and rear window articulate themselves, using the cant rails as guides (disguising the tracks), and once vertically stacked then dropped behind the rear seats. The trunk lost retained almost all of its volume and rear passengers were not affected either, plus with impressive stiffness there was no