Mirae Asset Daewoo Securities cars and ships and operating steel works. The South Korean state encouraged large and paternalistic conglomerates to use their capital to expand into unrelated businesses, protected by high tariff barriers and arcane regulations. In this way the car and steel giant Daewoo branched out into dealing in securities. In the 1990s this strategy hit problems as South Korea opened its markets to foreign competition and at the same time the founders of these conglomerates grew too old to run their creations and passed the reins on to their less focused children. Daewoo Securities was spun off from the Daewoo Corporation
Daewoo Lanos points in offset front crash test. Daewoo Lanos The Daewoo Lanos is a subcompact car produced by the South Korean manufacturer Daewoo from 1997 to 2002, after being car of the year it continued to be produced under license agreements to the present in various countries worldwide. It has also been marketed as the Daewoo Sens, ZAZ Sens and ZAZ Lanos in Ukraine, Doninvest Assol and ZAZ Chance in Russia, FSO Lanos in Poland, or Chevrolet Lanos in Ukraine, Russia, and Egypt. It was designed by Giorgetto Giugiaro and initially featured three body styles: three-door and five-door hatchbacks and a