UzAuto Motors
Uzbekistan state automotive manufacturer / From Wikipedia, the free encyclopedia
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UzAuto Motors (formerly GM Uzbekistan) is an automotive manufacturer owned by the Government of Uzbekistan.[1] It is based in Asaka, Uzbekistan. It manufactures vehicles under the marques Chevrolet and Ravon, which is Uzbek for calm and straight road or easy journey.
Quick Facts Formerly, Company type ...
Formerly | Uz-DaewooAuto (1992–2001) GM Uzbekistan (2008–2019) |
---|---|
Company type | Joint venture |
Tashkent Stock Exchange: UZMT | |
ISIN | UZ7003040001 |
Industry | Automotive |
Predecessor | GM Uzbekistan (2008–2019) |
Founded | March 2008; 16 years ago (2008-03) |
Fate | Acquired by the Government of Uzbekistan in 2019 |
Headquarters | 81 Humo Street, , |
Number of locations | 2 production plants (Asaka, Pitnak) and 1 branch (Tashkent) |
Key people | Bo Inge Andersson, CEO |
Products | Automobiles |
Production output | 327 thousand vehicles (2022) |
Brands | Chevrolet Ravon |
Revenue | 3,265,415,000 USD (2022) |
235,119,000 USD (2022) | |
Owner | Publicly traded company (99,7% owned by the state through Uzavtosanoat, 0,3% private equity) |
Number of employees | 16,000 (August, 2023) |
Parent | UzAvtosanoat JSC (99.7%) through its subsidiary PVM LLC |
Website | uzautomotors.com |
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It was formerly partly owned by General Motors and, in 2019, it was acquired by the Uzbekistan Government and renamed "UzAuto Motors". By February 2023, the company completed an IPO on the Tashkent Stock Exchange.[2]