Daewoo Magnus styled in Korea by GM Daewoo. From 2000 until 2004, the V200 was marketed as Daewoo Evanda in Western Europe, and Chevrolet Evanda in many Eastern European countries where GM did not use the Daewoo brand, as locally manufactured versions of old Daewoo models were still sold under that marque. The Evanda replaced the Leganza, and also the Chevrolet Alero. Later, in 2004, the entire Daewoo brand was replaced by Chevrolet in all of Europe, with models renamed accordingly. The Magnus was also rebadged as the Suzuki Verona in the United States and Chevrolet Epica in other markets, including Canada,
Daewoo or is close to, starting gas production in the country(at the Yadana Field). During explorations, Daewoo found one of the largest gas fields in southeast Asia. The field is located at blocks A-1 and A-3 at the Shwe field, about 100 km off Sittwe in Rakhine State. The field will go into production in five years, providing a lucrative (and probably the largest) source of hard currency for the ruling junta. Daewoo has long been one of the largest foreign investors in the country. Daewoo International was investigated by South Korean prosecutors for allegedly selling machinery with potential military applications