Car output by Uzbekistan’s UzDaewooAvto rose 7.6% year on year to 28,296 units in January-March, the country’s State Statistics Committee said.
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Nexia production increased 15.6% to 17,279 cars, Matiz output rose 4.8% to 7,877, Damas production fell 20.1% to 3,055 and 85 Lacetti models were made, the statistics office told Prime-Tass.
In 2005, the plant’s car output rose 44.2% on the previous year to 101,010 cars, exports rose 48.9% to 53,092 and domestic car shipments increased 32.4% to 46,127.
In 2006, the company plans to produce 142,000 cars, including 68,500 cars for export, while in 2008 UzDaewooAvto plans to produce 200,000 cars.
UzDaewooAvto, formerly an Uzbek-South Korean car manufacturing joint venture, is fully owned by the Uzbek association of car producers Uzavtoprom, or Uzavtosanoat.
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By GlobalDataIn mid-October 2005 UzDaewooAvto extended its agreement with General Motors on component supplies from South Korea.
