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 and the government reduced positive discrimination (affirmative action), to encourage free market trade and to force the chaebol to be more aggressive abroad. Daewoo responded by establishing a number of joint ventures with U.S. and European companies. It expanded exports of machine tools, defense products (under the S&T Daewoo company), aerospace interests, and semiconductor design and manufacturing. Eventually, it began to build civilian helicopters and airplanes, priced considerably cheaper than those produced by its U.S. counterparts. It also expanded efforts in the automotive industry and was ranked as the seventh largest car exporter and the sixth largest car manufacturer in