GM announced joint venture in Uzbekistan to build Chevrolets
General Motors announced today a joint venture with UzAvtosanoat to assemble and distribute Chevrolet cars in Uzbekistan, the central Asian republic and part of GM Europe region. The joint venture, which will be called GM Uzbekistan.
Under the terms of the joint venture, General Motors will hold a 25 percent equity stake with the option of increasing this amount in the future. General Motors said that it will provide new technology, manufacturing expertise and training for the joint venture, which will have access to the portfolio of GM’s global brand, Chevrolet. Senior GM managers will hold key positions in the new joint venture, particularly in manufacturing, quality, and sales and marketing
The GM Uzbekistan manufacturing plant, located in Asaka, Andijan Province, 350 km from the Uzbek capital of Tashkent, has a total manufacturing capacity of 250,000 units which, over time, is to be fully utilized for producing Chevrolet cars. According to GME the first three Chevrolet models, Captiva, Epica and Tacuma, will be assembled from SKD kits starting immediately, with other car lines to be added for assembly from CKD kits and full-scale production over the next three years.
Until now, the Asaka assembly plant, which started production in 1996, has been building the Daewoo Matiz, Nexia and Damas for sale both in the domestic and neighboring markets. These models will be lined up along with the Chevrolet models during the interim period.
The assembly plant will begin using GM’s common Global Manufacturing System and the plant will also be integrated into General Motors’ global purchasing and supply chain, with a view to increasing the quantity of components and materials sourced on the domestic market.
Read more about Uzbekistan at
http://www.gmworkersblog.com/languages/english/gm_is_expanding_in_eastern_europe_and_central_asia
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the butterflight
09/10/2007