GM Uzbekistan to Build Chevrolet Small Car
The agreement was signed by GM DAT Vice President Product Planning & Program Management Dwenell Mills and UzAvtoSanoat Vice Chairman Shukhrat Yusupov, in the presence of Republic of Uzbekistan First Deputy Prime Minister Rustam Azimov.
"The excellent cars jointly produced and exported by UzAvtoSanoat and GM DAT are contributing greatly to the growth of Uzbekistan's automotive industry and economic development," said Azimov. "Uzbekistan's automotive industry will reach global standards in the near future with the help and support of General Motors and agreements like this one."
"Uzbekistan, where we recently also began construction of a new powertrain facility, is Chevrolet's core production base in the high-potential markets of Central Asia and a significant strategic partner for our export business," said GM DAT President and CEO Mike Arcamone. "We will continue to support our Uzbekistan operations through the introduction of new products and the means to build them."
The local joint venture is owned 25 percent by General Motors and 75 percent by UzAvtoSanoat. It currently manufactures up to 250,000 units per year and produces models such as Chevrolet Matiz, Lacetti and Captiva.