GM Uzbekistan (formerly JSC UzDEUavto Asaka) has began production of a new car model the Chevrolet Cobalt. It is equipped with a DOHC gasoline engine, 1.5 litre cylinder capacity and 106 horsepower output, combined with a five-speed manual transmission. It has good fuel economy up to 6.2 litres per 100 km. Output from the plant is expected to be up to 125 thousand vehicles per year, sales to both Uzbekistan and throughout the CIS.
JSC UzDaewooAuto was established in 1996 on a parity basis by the Government of Uzbekistan and South Korea's Daewoo Motors. In 2005 Uzbekistan Daewoo bought shares in the joint venture.
In 2007 Uzavtoprom and General Motors signed an agreement to establish a basis for the GM Uzbekistan plant with charter capital of $266.7 million. General Motors owns 25 per cent of shares plus one share in the enterprise, with the possibility of increasing it to 40 per cent. Currently, 75 per cent of the shares belong to Uzavtoprom.
The Joint Venture currently produces eight models of cars, four of which are manufactured using SKD*1 technology (Chevrolet - Captiva, Epica, Spark and Malibu).
See Video in Russian performance drive of Cobalt near Samakand.
Chevrolet Captiva (since 2008)
Chevrolet Epica (2008 - 2011)
Chevrolet Lacetti (2008 - 2013)
Chevrolet Spark M300 (since 2010, both export and for local market)
Chevrolet Tacuma (since 2008 - 2009)Chevrolet Cobalt (since 2012)
Note: *1 - SKD is the abbreviation of the term Semi Knock Down. Where the exporter sells the product by SKD and they are then assembled in the host country. An original equipment manufacturer, or OEM, manufactures products or components that are purchased by another company and retailed under that purchasing company's brand name. OEM refers to the company that originally manufactured the product in this case Chevrolet.