Economy

Asaka Automobile plant marks its 17th anniversary

Asaka Automobile plant marks its 17th anniversary
Asaka Automobile plant marks its 17th anniversary
Tashkent, Uzbekistan (UzDaily.uz) -- Asaka Automobile plant marks its 17th anniversary on 19 July 2013.

On 19 July 1996, Uz-Daewoo Auto (currently GM Uzbekistan) started serial production of Nexia, Damas and Tico automobiles.

Foundation of construction of automobile plant in Uzbekistan has been founded during the visit of the President Islam Karimov to South Korea in June 1992 during visit to Daewoo Motors.

After some time, the document on creation of joint venture was signed. In March 1993, Uzbek-South Korean joint venture Uz-Daewoo Auto was founded and tree year later, on 19 July 1996, Asaka Automobile Plant was opened.

In 1996, the enterprise launched production of three car models – Damas, Nexia, Tico – in seven modifications.

On 21 February 2008, on the base of Asaka Automobile Plant, new venture GM Uzbekistan was founded. Uzavtosanoat and General Motors founded the venture.

Currently GM Uzbekistan works under US brand Chevrolet and produces such cars as Malibu, Captiva, Lacetti, Cobalt, Nexia, Spark, Matiz и Damas.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.