Daewoo stores market Daewoo Electronics products under their "Trutech" brand on an ODM basis. In 2004, General Motors pulled the Daewoo brand of vehicles out of Australia and New Zealand, citing irreparable brand damage. Later that same year, GM announced that Daewoo Motors in Europe would change its name to Chevrolet on 1 January 2005. In 2005, it was announced that Daewoo cars would have a Holden badge in Australia and New Zealand. In South Africa, Thailand, and the Middle East, Daewoo models were already branded Chevrolet. In South Korea, Daewoo was renamed GM Korea. As part of the company reorganization,
Daewoo Leganza under the Daewoo Leganza name, the only exception being the Doninvest Kondor, a short-lived version assembled by the Russian Doninvest corporation on Taganrog's TagAZ. At the time it was launched, the Leganza was a bit longer than most mid-size European or Asian cars, which is why it was initially marketed as an inexpensive executive car in some markets. The base Leganza was offered with a 2.0L 4-cylinder engine, 5-speed manual, hubcaps, cloth trim and all the standard power options. It had an optional 4-speed, hydraulically operated transmission that was said to be rough operating, tended to hunt between gears, and