Several Russian mass media outlets reported quoting General Motors that GM Uzbekistan will stop to export Chevrolet Cobalt and Chevrolet Spark to Russia in 2015.
The source said that GM Uzbekistan will not change line of export models. All plans of the plant will be implemented. He refused to name the volume of exports of the plant citing difficult situation in car markets.
On 18 March, General Motors announced plans to change its business model in Russia. GM will focus on the premium segment of the Russian market with Cadillac and US built iconic Chevrolet products such as the Corvette, Camaro and Tahoe. The Chevrolet brand will minimize its presence in Russia and the Opel brand will leave the market by December 2015.
The GM Auto plant in St. Petersburg will halt production by the middle of 2015. GM is planning to idle the plant. Furthermore, the contract assembly of Chevrolet vehicles at GAZ will be discontinued in 2015.
The GM-AVTOVAZ joint venture will continue to build and market the current generation Chevrolet NIVA.GM’s global luxury brand Cadillacwill be set up for growth in Russia over the next several years as it prepares for numerous product introductions.