RUSSIA: Uzbekistan Daewoo JV has year to reach agreement on Chevrolet assembly
A joint venture making Daewoo cars in Uzbekistan since 1996 has a year to reach agreement with the South Korean GM Daewoo plant on the further assembly of cars under the Chevrolet brand, according to reports.
A joint venture making Daewoo cars in Uzbekistan since 1996 has a year to reach agreement with the South Korean GM Daewoo plant on the further assembly of cars under the Chevrolet brand, according to reports.
The report said the licensed assembly of inexpensive Nexia and Matiz cars in Uzbekistan may come to a halt if a deal cannot be reached, and current owners of Daewoo brand cars in Russia may face problems with spare parts, which, if shipped directly from Korea, would increase in price by at least 15%.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
