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GM Uzbekistan to enter new markets

Business Materials 23 December 2009 13:45 (UTC +04:00)

Uzbekistan, Tashkent, Dec. 23 / Trend D.Azizov /

GM Uzbekistan, a joint venture between General Motors and Uzavtosanoat, plans to enter new markets in 2010.

Tohir Jalilov, GM Uzbekistan's executive director of marketing, sales and services, said the company started opening new marketing outlets for products and sales to neighboring Afghanistan, North Africa and South America.

He expressed hope that by entering to these markets, the company will lift its sales levels to traditional volumes.

Jalilov underscored that the Uzbek carmaker should improve the quality of its products to strengthen its position in the market.

GM Uzbekistan increased car production by 4.2 percent year-on-year in January-November 2009 to 184,572 units.

Currently, GM Uzbekistan produces six cars, including Chevrolet's Captiva and Epica.

In January-September 2009, GM Uzbekistan increased vehicle production by four percent compared to the same period in 2008.

During the report period, the company produced 63,939 Nexia cars (a 6.8-percent decline), 48,598 Matiz cars (a 2.8-percent decline), 16,885 Damas cars (a 2.6-percent decline), 11,797 Lacetti cars, 737 Captiva cars (a 55-percent decline), and 816 Epica cars (a 43.1-percent decline).

GM Uzbekistan increased production by 13.5 percent in 2008 to 195,038 vehicles compared to 2007.

Uzbekistan exports GM Uzbekistan cars to Russia and other CIS countries.

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