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GM Uzbekistan to start collecting cars in Russia this summer

Business Materials 15 April 2019 10:59 (UTC +04:00)

Baku, Azerbaijan, April 15

Trend:

GM Uzbekistan plans to start assembling cars in Russia in the middle of summer at the Derways plant, Trend reports via Uzbek media.

The plant is located in Cherkessk.

By the end of the year, large-scale production will be launched. As part of the industrial assembly agreement, Derways has the right to compensation for the recycling collection and duty-free importation of vehicle sets, which the Uzbek brand intends to use.

Earlier Trend reported that GM Uzbekistan had suspended the export of cars to the Russia in 2018.

Moreover, GM Uzbekistan has already exported Nexia R3 cars for a large-unit assembly to the SararkaAvtoProm plant in Kostanay (Kazakhstan), as well as the finished R4 model to Ravon Motors Kazakhstan. Belarus gets fully finished cars.

Since the beginning of this year, Uzbek cars have also been exported to Afghanistan and Tajikistan.

GM Uzbekistan and SaryarkaAvtoProm LLP (Kazakhstan) signed a production development contract. The parties have agreed to release 16,000 vehicles intended for sale up to the end of 2019, both in the market of Kazakhstan and export markets, including Russia.

The SKD assembly of the Ravon Nexia R3 sedan was launched at the Kazakh enterprise "SariarkaAvtoProm" in 2017. Capacity of assembly is about 3,000 cars a year, with the possible increase in production of up to 7,000 cars.

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