Daewoo Magnus Daewoo Magnus The Daewoo Magnus was a mid-sized sedan developed and manufactured by Daewoo from 2000 to 2006. GM Daewoo and other General Motors divisions, as well as GMDAT stake holder Suzuki, have marketed this car under different badges in various countries. The car is also known under its internal Daewoo designation of V200. The Project Manager was Dr. W.J Lee. The V200 is a further development of the Daewoo Leganza (model V100), based on a stretched platform of that model. Launched in 2000, it was sold alongside the Leganza in Korea until the end of V100's production in 2002,
Daewoo Motors lost interest in its overseas assets. The deals on supplies of pre-assembled CKD kits ended in 2005 and the facilities were forced to rely on their own production capabilities from that point on. Before the General Motors buyout, Daewoo cars were available in different countries. In Europe, Daewoo Motor started selling the Espero and the Cielo (or Nexia) from the beginning of 1995, and achieved reasonable sales success, particularly with British buyers, where Daewoo proved popular largely due to its competitive prices and revolutionary dealership network, where cars were sold at fixed prices with a revolutionary aftersales service which included