All Uzbekistan articles

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  • Uzavtosanoat_dealer
    News

    Uzbekistan looks for investment to boost local production and exports

    2019-09-02T12:45:00Z

    Uzbekistan is aiming to secure investments of $700m in the domestic automotive industry, not only to increase production, but also to raise the average percentage of parts sourced locally to 60% from the current 20% over the coming four years.

  • GMPTUZ workers
    Article

    Can Central Asia be transformed into an automotive hub?

    2019-08-14T11:32:00Z

    Two of the largest former soviet republics, Uzbekistan and Kazakhstan, have set their sights on growing an automotive sector as they industrialise and modernise their economies. These Cental Asian nations are now focusing on strengthening their supply bases to boost local production.

  • VW_Amarok
    News

    VW signs joint venture for assembly in Uzbekistan

    2019-06-12T13:14:00Z

    Volkswagen Group’s division in Russia – Volkswagen Group Rus – has entered into a joint venture with the Uzbek state-owned corporation Uzavtosanoat to assemble cars in Uzbekistan. The deal was formalised in an inter-governmental agreement signed by German president Frank-Walter Steinmeier and Uzbek president Shavkat Mirziyoyev ...

  • Ravon_Nexia
    Article

    GM Uzbekistan sets plant up in Kazakhstan

    2019-04-03T09:16:00Z

    GM Uzbekistan is to open a vehicle assembly line in Kazakhstan to take advantage of the shared customs space under the Eurasia Economic Union (EEU). The carmaker, which is now owned solely by state-owned corporation Uzavtosanoat following GM’s withdrawal from the joint venture , has signed a contract with ...

  • Uzavtosanoat_dealer
    Article

    Uzavtosanoat to rename GM Uzbekistan and raise output

    2019-02-12T10:35:29Z

    Uzbekistan state-owned corporation Uzavtosanoat has confirmed it plans to rename GM Uzbekistan following the withdrawal of the US carmaker from the joint venture . It has not yet indicated what its new name will be. At a press conference in Tashkent on February 6, Aziz Shukurov, deputy chairman of the ...

  • GM_Uzbekistan_Asaka
    Article

    GM withdraws from JV with Uzbek government

    2019-01-09T13:01:28Z

    General Motors has sold off its remaining stake in the GM Uzbekistan joint venture to state-owned company Uzavtosanoat, which held the majority stake in the company. GM Uzbekistan makes Ravon and Chevrolet vehicles at its plant in Asaka. Uzavtosanoat held a 75% stake in the company from 2008 but increased ...

  • GM-Uzbekistan
    Article

    GM Uzbekistan streamlines its supply chain

    2018-10-05T12:34:19Z

    GM’s joint venture with the government of Uzbekistan – GM Uzbekistan – is expected to make 220,000 vehicles this year, a 37% increase compared to 2017. The OEM has more than halved the delivery time of Cobalt and Malibu vehicles – the two most popular models in the domestic market, ...

  • GM-Uzbekistan
    Article

    GM Uzbekistan suspends vehicle sales over pricing

    2018-08-21T09:49:04Z

    GM Uzbekistan has suspended finished vehicle sales in Uzbekistan, after failing to carry through a price increase on the domestic market there. The move follows a similar suspension in Russia – its second biggest market after Uzbekistan – for more than two months on similar grounds. Speaking at a press ...

  • GM_Uzbek_workers_resize
    Article

    Uzbek government to buy GM’s stake in joint venture

    2018-06-11T15:36:53Z

    Uzbek state-owned vehicle-maker, UzAvtosanoat, is looking to buy GM’s remaining 10% stake in the joint venture it has with the US carmaker – GM Uzbekistan. The buyout is expected to be complete by the end of the year and follows UzAvtosanoat increasing its original 75% stake in the joint venture ...

  • GM-Uzbekistan
    Article

    GM-Uzbekistan plans production in Kyrgyzstan and Russia

    2018-01-23T11:33:41Z

    GM's joint venture with the government of Uzbekistan has revealed plans to open assembly plants in neighbouring Kyrgyzstan and in Russia. Jahongir Tillaev, director of sales and service for GM-Uzbekistan, said the move would benefit both the company and its customers, as it would ultimately bring down the price of ...

  • media Ouzbek_1
    Article

    PSA localises assembly in Uzbekistan

    2017-05-17T17:36:17Z

    French carmaker PSA Group has signed a joint venture agreement with Uzbek vehicle manufacturer SC Uzavtosanoat (UzAuto) that will see Uzbekistan PCA make Peugeot and Citroën light commercial vehicles (LCVs) at a new plant in the free industrial zone of Jizzakh from 2019. The plant will have an annual output ...

  • GM-Uzbekistan
    Article

    Growing exports lead GM-Uzbekistan to consider plant in Russia

    2017-02-14T15:05:58Z

    Uzbekistan managed to significantly expand its vehicle exports last year, the country’s Ministry of Economy has confirmed, with deliveries to Middle East and Africa markets including the United Arab Emirates (UAE), Lebanon, Jordan, Iraq, Ghana, Senegal, Somalia and Nigeria. The growth in exports was wholly accounted for by GM-Uzbekistan, the ...