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 there while "on the run". Daewoo Motor Co., Ltd. was founded when the Daewoo Group purchased Saehan Motor in 1978, but the Daewoo Motor name did not appear until 1983. The Daewoo Motor brand appeared in the UK in 1995. At the time, it was the only manufacturer not using traditional dealerships – it owned and operated its own retail network. It was once considered to be among the top 10 motor companies in terms of production. Due to financial trouble, Daewoo's automotive arm, Daewoo Motor, was sold to General Motors (Korean) in 2001. The Daewoo nameplate continued in South