GM Uzbekistan starts Chevrolet Aveo production
GM Uzbekistan, the former UzDaewooAuto, started the serial production of third-generation Nexia cars, Uzavtoprom (Uzbek Association of Automotive Industry Enterprises) said, Trend reports.
The new model is produced on the basis of T-250 (Chevrolet Aveo) platform. The cars will be sold under the Ravon Nexia R3 brand for export and under the Chevrolet Nexia brand on the local market.
The project on the serial production of the T-250 car model costs $104.2 million. The design capacity of the new production is 73,600 cars a year.
GM Uzbekistan financed this project.
GM Uzbekistan, formerly known as UzDaewooAuto, was created in 1996 on a parity basis by Uzbekistan and South Korean Daewoo Motors.