UzAuto Motors (formerly GM Uzbekistan) is an automotive manufacturer owned by the

Government of Uzbekistan The Government of the Republic of Uzbekistan (, Uzbek Cyrillic: Узбекистон Республикасининг Ҳукумати) exercises executive power in the Republic of Uzbekistan. The members of the government are the President of ...

. It is based in Asaka, Uzbekistan. It manufactures vehicles under the

Chevrolet Chevrolet ( ) is an American automobile division of the manufacturer General Motors (GM). In North America, Chevrolet produces and sells a wide range of vehicles, from subcompact automobiles to medium-duty commercial trucks. Due to the promi ...

marque A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ...

. Formerly UzAuto Motors had also manufactured vehicles under the Ravon marque, which is Uzbek for calm and straight road or easy journey. It was formerly partly owned by

General Motors General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...

and, in 2019, it was acquired by the Uzbekistan government and renamed "UzAuto Motors". By February 2023, the company completed an

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

on the

Tashkent Stock Exchange Tashkent Stock Exchange, officially The republican stock exchange "Toshkent" (RSE) () is the only stocks and corporate bonds trading platform (as the exchange and OTC) in Uzbekistan. It was founded by the government in 1994 as an open joint stock ...

History

The company was founded in 1992 between the Uzbek state-owned UzAvtosanoat and the South Korea-based

Daewoo Daewoo ( ; ; ; ; literally "great universe" and a portmanteau of "''dae''" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and aut ...

, and was initially known as "Uz-DaewooAuto" ( Uzbek: ). The company began production of vehicles on 19 July 1996, at the new assembly plant in Asaka. Uz-DaewooAuto produced vehicles under the brand name Uz-Daewoo. The initiative to establish the Uzbek automobile industry goes back to the early 1990s and the administration of

President of Uzbekistan The president of the Republic of Uzbekistan () is the head of state and executive authority in Uzbekistan. The office of President was established in 1991, replacing the position of Chairperson of the Presidium of the Supreme Soviet of the Uzb ...

Islam Karimov Islam Abduganiyevich Karimov (30 January 1938 – 2 September 2016) was an Uzbek politician who served as the first president of Uzbekistan, from the country's independence in 1991 until his death in 2016. He was the last First Secretary of the ...

. Following Daewoo's collapse in 2001, and resulting change of ownership, "GM Uzbekistan" was eventually established in March 2008 as a new replacement

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

, and the Nexia and Matiz were sold under the

badge together with an extended range of

GM Korea GM Korea Company () is the South Korean subsidiary of American multinational corporation General Motors and the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former Daewoo Motors vehicle brand, which was sp ...

Chevrolet models produced at the Asaka factory. Daewoo was acquired by

and became

GM Daewoo GM Korea Company () is the South Korean subsidiary of American multinational corporation General Motors and the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former Daewoo Motors vehicle brand, which was ...

. Subsequently, the facility was renamed "GM Uzbekistan" in 2008. The

was owned by UzAvtosanoat JSC (75%) and

(25%). GM Uzbekistan produced 106,334 units during the first half of 2011. Given the change in name and ownership, the model range changed, although the company continued producing Uz-Daewoo branded vehicles until 2015. Some models based on these are still sold as Chevrolets. GM Uzbekistan began production on 27 November 2008. The first assembled car on this day was a Chevrolet Lacetti which also was the 1,000,000th assembled vehicle out of the production from UzAvtosanoat. Chevrolet manufactured the Chevrolet Spark M300 in Asaka, a model for now intended only for export. The models are assembled as

knock-down kit A knock-down kit (also knockdown kit, knocked-down kit, or simply knockdown or KD) is a collection of parts required to assemble a product. The parts are typically manufactured in one country or region, and then exported to another country or r ...

Following an agreement in 2008, "GM Powertrain Uzbekistan" opened an engine plant in

Tashkent Tashkent (), also known as Toshkent, is the Capital city, capital and List of cities in Uzbekistan, largest city of Uzbekistan. It is the most populous city in Central Asia, with a population of more than 3 million people as of April 1, 2024. I ...

, from GM Uzbekistan's vehicle manufacturing facility in Asaka, in November 2011. The factory is GM's first engine plant in Uzbekistan and has a production capacity of 225,000 1.2L and 1.5L

Daewoo S-TEC engine S-TEC or M-TEC is a low-displacement engine range co-developed by Suzuki and Daewoo Motors for use in micro and subcompact cars. The original version was a license-built version of the Suzuki F8B engine; later generations were derived from the o ...

s per year for use in GM small passenger cars worldwide. Another plant produced 200,000 units of front- rear- and side windows for the vehicles of the Uz-DaewooAvto and the Chevrolet Lacetti. A third production facility was opened in 2014 in Pitnak,

Khorezm Region Khorazm Region, also known as the Khorezm or Xorazm Region, () is a viloyat (region) of Uzbekistan located in the northwest of the country in the lower reaches of the Amu Darya River. It borders with Turkmenistan, Karakalpakstan, and the Bukhara ...

, manufacturing the Damas/Labo microvans and the

Chevrolet Orlando The Chevrolet Orlando () is a three-row compact MPV manufactured by General Motors under the Chevrolet brand from 2010 to 2023. The first-generation model was mainly developed and manufactured by GM Korea, while also assembled in four other coun ...

minivan. In 2010, about 5,000 people were employed at the GM Uzbekistan assembly plant. GM Uzbekistan sold 121,584 vehicles locally in 2011, making the country the eighth-largest market for Chevrolet and produced more than 225,000 vehicles. Its products are also exported to

Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...

and other CIS countries. In 2012, the

Chevrolet Malibu The Chevrolet Malibu is a mid-size car that was manufactured and marketed by Chevrolet from 1964 to 1983 and from 1997 to 2025. The Malibu began as a trim-level of the Chevrolet Chevelle, becoming its own model line in 1978. Originally a rear-w ...

and the Chevrolet Cobalt were added to the production line, followed by the revised Daewoo Gentra model in 2013, the

in 2014, and the Chevrolet Nexia T250 in 2015. In 2019, the

acquired the company and renamed it "UzAuto Motors". In 2020, UzAuto began importing the Chevrolet Equinox, Trailblazer, Traverse, and Tahoe SUVs, with intent to produce them locally if there is sufficient demand. UzAuto phased out the Ravon brand in 2020, merging it back into the Chevrolet brand as the Chevrolet Spark (R2), Nexia (R3), Cobalt (R4), and Lacetti (R5/Gentra). In April 2021, the company announced plans to produce Chevrolet-branded vehicles for the Russian market. In August 2021, Swedish entrepreneur Bo Andersson was named

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of the company. Since 2022, the company ceased exports to Russian and Belarus markets due to international sanctions. Ukrainian exports were temporarily stopped due to logistical limitations. In October 2022, the company announced its intention to IPO on the domestic market. In late November the company announced its pricing. Ths IPO will be one of three "People's IPOs" planned by the government in the next couple of years. In 2022, Fitch Ratings upgraded the company's rating to "BB-, Outlook Stable". The company created monopoly in the country, as a result locals do not have many choices other than buying its cars with higher price. That's also because of high custom tariffs when individuals import foreign brand cars into Uzbekistan.

Currently produced models

* Chevrolet Damas (1996–present) * Chevrolet Labo (2015–present) * Chevrolet Cobalt ''(previously Ravon Cobalt/R4)'' (2012–present) * Chevrolet Onix (2023–present) * Chevrolet Tracker (2022–present)

Currently imported models

* Chevrolet Malibu - 9th generation (2020–present) * Chevrolet Trailblazer 2nd generation (facelift) (2020–present) * Chevrolet Tahoe - fifth generation (2020–present) * Chevrolet Equinox - 3rd generation (facelift) (2020–present) * Chevrolet Traverse - 2nd generation (facelift) (2020–present) *

Chevrolet Captiva The Chevrolet Captiva is a compact crossover SUV marketed by General Motors. The first generation was developed by GM Korea, based on the GM Theta platform and derived from the S3X concept car revealed in 2004. Released in 2006, it was sold i ...

- 2nd generation (Baojun 530) (2021-present)

Formerly produced models

Daewoo Tico The Daewoo Tico is a city car produced by the South Korean automaker Daewoo Motors, Daewoo from 1991 to 2001. Overview The Daewoo Tico was based largely on the 1988 Suzuki Alto kei car. The car was equipped with a three-cylinder 796 cc Da ...

(1996–2001) * Daewoo Nexia (N100, 1996–2008) * Daewoo Nexia II (N150, 2008–2016) * Chevrolet Nexia III (T250) ''(previously Ravon Nexia/R3)'' (2015–2023) * Chevrolet Epica (2008–2011) *

(2014–2018) * Ravon Matiz R1 (2001–2018) * Chevrolet Spark ''(previously Ravon Spark/R2)'' (2010–2023) *

(2008–2018) * Chevrolet Malibu (Gen 8) (2013–2016) * Chevrolet Malibu (Gen 9) (2017–2019) * Chevrolet Tracker (2018–2020) * Chevrolet Lacetti '' (2003–2013) (previously Ravon Gentra/R5)'' (2013–2024)

Gallery

Currently produced cars

File:Ravon R4.jpg, Ravon Cobalt R4 File:Chevrolet Damas Deluxe in Bukhara, front right.jpg, Chevrolet Damas File:Chevrolet CMP LS Bahamas.jpg, Chevrolet Labo File:Chevrolet Tracker 2021 (front) (cropped).png, Chevrolet Tracker File:Chevrolet Onix (second generation, front view).jpg, Chevrolet Onix

Discontinued models

File:Daewoo Tico vl.jpg,

File:Daewoo Nexia.JPG, Daewoo Nexia 1, Daewoo Nexia 2 File:2006-2011 Chevrolet Captiva LS wagon (2015-12-28) 01.jpg, Chevrolet Captiva I File:2008 Chevrolet Epica (V250) LS sedan (2016-01-07).jpg, Chevrolet Epica File:Chevrolet Rezzo front 20071109.jpg, Chevrolet Tacuma File:Шевроле Лачетти.JPG, Chevrolet Lacetti File:Chevrolet Orlando LT 1.8 – Frontansicht, 31. März 2011, Mettmann.jpg,

File:Daewoo Matiz.jpg, Ravon Matiz R1 File:Chevrolet Captiva LTZ 2.2 D 4WD (Facelift) – Frontansicht, 18. März 2012, Wuppertal.jpg, Chevrolet Captiva II File:2013 Chevrolet Malibu Eco 1SA -- 02-29-2012 1.JPG,

File:20161112 Chevrolet Trax 01.jpg, Chevrolet Tracker File:0 Chevrolet Spark.jpg, Chevrolet Spark (alternative name: Ravon R2) File:Chevrolet Aveo T250 China 2012-04-15.jpg, Ravon Nexia R3/Chevrolet Nexia 3

References

External links

* {{DEFAULTSORT:Gm Uzbekistan 2008 establishments in Uzbekistan Car manufacturers of Uzbekistan Chevrolet

Uzbekistan , image_flag = Flag of Uzbekistan.svg , image_coat = Emblem of Uzbekistan.svg , symbol_type = Emblem of Uzbekistan, Emblem , national_anthem = "State Anthem of Uzbekistan, State Anthem of the Republ ...

GM Korea General Motors joint ventures Vehicle manufacturing companies established in 2008 Vehicle manufacturing companies established in 1992