Daewoo Motors took over the troubled four-wheel-drive specialist SsangYong Motor, only to sell it off again in 2000, because the conglomerate ran into deep financial troubles. Its models, were sold under the Daewoo-SsangYong badge in South Korea, contrary to other areas where they were sold under the Daewoo brand name. SsangYong's flagship limousine, the Chairman, was on its part integrated to the Daewoo range, becoming the Daewoo Chairman, with a new three-parts Daewoo corporate grill. By 1999, the whole Daewoo Group ran into financial trouble, and was forced to sell its automotive division. Candidates for the operation included Hyundai associated with DaimlerChrysler,
Daewoo Musiro and innovative vehicle. The neat exterior reminded viewers of the Audi TT but the coupe lines disguised an innovative opening roof. The traditional issues of open top cars being less stiff than closed roof cars and folding 'hardtop cars' having little boot space was solved by Worthing's Daewoo designers - the roof panel and rear window articulate themselves, using the cant rails as guides (disguising the tracks), and once vertically stacked then dropped behind the rear seats. The trunk lost retained almost all of its volume and rear passengers were not affected either, plus with impressive stiffness there was no