Uzbekistan has a single carmaker that monopolizes the whole market

Uzbekistan is like Ukraine and Kazakhstan, former republics of the Soviet Union. Inhabited by 27 million people, almost two times more than Kazakhstan (16 million), but almost two times less than Ukraine (46 million), Uzbekistan has still a very low motorization rate. However, the Uzbek market has gradually increased from 118 000 units in 2011 to 158 000 in 2013. Most new vehicles sold in this market are locally produced by a single carmaker: GM Uzbekistan a joint venture established in Asaka in 1996 between the U.S. carmaker General Motors (25%) and an Uzbek assembler called Uzbek OJSC UzAvtoSanoat (75%). The manufacturer sells vehicles (segments A, B and C) under the Daewoo brand, except for the Cobalt (segment C) launched in 2012 and sold under the Chevrolet brand.


GM Uzbekistan has always produced models under the Daewoo brand (now GM Korea): Nexia, Matiz, Damas, Spark, Lacetti, Captiva, Epica, Malibu. At first they were assembled from spare parts imported from Korea. These Models are now produced entirely on site, except for the Captiva, Epica and Malibu, supplied in smaller quantities.


GM Uzbekistan produced 246 641 vehicles in 2013 (against 236 201 in 2012), including 157 784 sold locally, the rest is exported, mainly to Russia. Uzbekistan has a growing automobile production (multiplied by 2.5 to 8 years) and continuous growth of its car market since 2005.

14-09-6  

Contact us: info@inovev.com 

 

Inovev platforms  >
Not yet registered ?
By keeping on browsing, on this site, you accept the use of cookies and TCU (Terms and Conditions of Use) of Inovev site (www.inovev.com)
Ok