Uzbekistan, Tashkent, Sept. 12 / Trend D.Azizov /
GM Uzbekistan JV, formerly UzDaewooAuto in Asaka, in the Andijan region decreased its car sales in January-August 2013 in Russia which is the main export market for the automobile, by 38 per cent to 36,585 units compared to the same period of 2012, the Automobile Manufacturers Committee of the European Business Association said today.
According to the report, some 20,478 Nexia cars were sold in the first eight months of this year on the Russian market, a drop of 44 per cent and 16,107 Matiz mini cars which also dropped by 30 per cent.
In August, the company decreased car sales by 39 present to 5403, including Nexia sales decreasing by 51 per cent to 2856 and Matiz by 18 per cent to 2,547.
As reported, in 2012, the company lowered car sales in Russia by five per cent to 88,232 units compared to 2011.
UzDaewooAuto JSC was created in 1996 on a parity basis by the Government of Uzbekistan and South Korea's Daewoo Motor Company. At the moment 75 per cent of the shares belong to Uzavtoprom JSC.
Currently, GM Uzbekistan JV produces eight models of cars, including four Chevrolet - Captiva, Epica, Spark and Malibu, production of which began in February this year based on SKD technology. Other models are available within the full scale production.
In 2012, GM Uzbekistan JV increased car production by 6.4 per cent as compared to 2011 which was up to 235,518 units.