Editing Daewoo Motors (section)

===Acquisition and later sale of SsangYong Motor===
{{See also|SsangYong Motor}}
[[File:0 Daewoo Matiz M300.jpg|thumb|The Matiz was introduced in 1998 and then rebranded Chevrolet when GM acquired Daewoo Motors in 2002]]
In 1998, after the [[Asian financial crisis]], Daewoo Motor took over the troubled [[four-wheel-drive]] specialist [[SsangYong Motor Company|SsangYong Motor]], only to sell it off again in 2000, because the conglomerate ran into deep financial trouble.<ref name=guard/> 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 [[SsangYong Chairman|Chairman]], was integrated to the Daewoo range, becoming the Daewoo Chairman, with a new three-part Daewoo corporate grille.