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 Lacetti in 2004 with the 1.6-liter engine; a few years later the LS term version was used as a traffic police patrol vehicle. In Uzbekistan, the Lacetti has been produced by GM Uzbekistan since 2008, in a plant located in Asaka, and marketed as the Chevrolet Lacetti. In 2013, the partner company Uz-Daewoo Avto began producing the facelifted sedan version as the new Daewoo Gentra. It is marketed throughout the CIS countries. In 2015 the car was renamed the "Ravon Gentra." It was sold as the Chevrolet Lacetti and includes 5-door hatchback, sedan and station wagon models. The entire line of