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 and the government reduced positive discrimination (affirmative action), to encourage free market trade and to force the chaebol to be more aggressive abroad. Daewoo responded by establishing a number of joint ventures with U.S. and European companies. It expanded exports of machine tools, defense products (under the S&T Daewoo company), aerospace interests, and semiconductor design and manufacturing. Eventually, it began to build civilian helicopters and airplanes, priced considerably cheaper than those produced by its U.S. counterparts. It also expanded efforts in the automotive industry and was ranked as the seventh largest car exporter and the sixth largest car manufacturer in