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GM Uzbekistan ups car production by 4.2 percent in Jan.-June

Business Materials 19 July 2011 14:11

Uzbekistan, Tashkent, July 19 / Trend D.Azizov /

GM Uzbekistan increased car production by 4.2 percent up to 106,334 in January-June 2011 compared to the same period of last year, the State Statistics Committee said.

The plant increased Lacetti car production by 10.7 percent - up to 12,636 in January - June.

Nexia car production reduced by 7.6 percent - up to 40,678 units, Matiz - 15.2 percent - up to 29,405, Damas - by 4.6 percent up to 9,109, Epica - by 14.3 percent up to 1,507, Captiva - by 61 percent up to 251 cars.

The company produced 12,748 Chevrolet Spark cars in January - June. It began the production in August 2010.

In May 2005 Uzavtosanoat purchased 50 percent shares of Daewoo Motor in UzDaewoo Auto for about US$110 million. General Motors and Uzavtosanoat completed a creation process of GM Uzbekistan on the UzDaewooAuto base in March 2008. The new venture charter capital is $266.7 million.

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