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