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 LeMans In 2004, because of harsher emission regulations, the factory installed the Lanos 1.5 SOHC engine, which meant a decrease in horsepower, but made the car Euro 3 compliant. During the last 2 years of production, in an effort to update the optional equipment available for the car, the Executive received a CD player instead of the obsolete cassette player. It remained in production until 2007, being marketed along with its successor, the Daewoo Nubira. In Uzbekistan, UzDaewooAuto continues to manufacture the four-door sedan version of the Nexia, of which production began in June 1996. It is produced alongside other Daewoo