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 Motors parts for export, such as engines and gearboxes to GM Daewoo and to other companies. The factory was acquired by the Romanian government and sold to Ford in 2007 (the official agreement was signed on 21 March 2008). The production of Daewoo models was stopped in May 2008, and Daewoo Automobile Romania became Ford Romania. Daewoo also invested into Poland's Fabryka Samochodów Osobowych (FSO) in 1995, forming a joint venture called Daewoo-FSO, for the assembly of the Matiz city car, a successor of the Tico, that was very popular in the Eastern European market. Since January 2005, FSO began to