Daewoo stores market Daewoo Electronics products under their "Trutech" brand on an ODM basis. In 2004, General Motors pulled the Daewoo brand of vehicles out of Australia and New Zealand, citing irreparable brand damage. Later that same year, GM announced that Daewoo Motors in Europe would change its name to Chevrolet on 1 January 2005. In 2005, it was announced that Daewoo cars would have a Holden badge in Australia and New Zealand. In South Africa, Thailand, and the Middle East, Daewoo models were already branded Chevrolet. In South Korea, Daewoo was renamed GM Korea. As part of the company reorganization,
Daewoo Lanos the T100 model code at launch; the T150 code applies to the updated models introduced in 1999. In 2006, a panel van version, developed in Ukraine by ZAZ, was also introduced. The Daewoo Lanos was designed to replace the Daewoo Nexia in the Daewoo line-up and was itself replaced by the Daewoo Kalos. In 1992, Daewoo dissolved its joint-venture with General Motors, and simultaneously a decision was made to independently develop replacements for the contemporary Daewoo Motors products, based on older General Motors models. The Lanos development programme was formally started in autumn 1993, with the goal to create a