GM Korea
The first generation of Daewoo Matiz was launched in 1998, replacing the Daewoo Tico. In 2002, Daewoo Motors became General Motors' South Korean division, known as GM Korea. Since the transition, the vehicle has increasingly been marketed under the Chevrolet badge. The second generation model was introduced by GM Korea in 2005. The fourth generation, launched in 2015, was also marketed in Europe as a rebadged variant, the Opel Karl.