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UzAuto Motors information


UzAuto Motors
FormerlyUz-DaewooAuto
(1992–2001)
GM Uzbekistan
(2008–2019)
Company typeJoint venture
Traded as
Tashkent Stock Exchange: UZMT
ISINUZ7003040001 Edit this on Wikidata
IndustryAutomotive
PredecessorGM Uzbekistan
(2008–2019)
FoundedMarch 2008; 16 years ago (2008-03)
FateAcquired by the Government of Uzbekistan in 2019
Headquarters81 Humo Street,
Asaka
,
Uzbekistan
Number of locations
2 production plants (Asaka, Pitnak) and 1 branch (Tashkent)
Key people
Bo Inge Andersson, CEO
ProductsAutomobiles
Production output
327 thousand vehicles (2022)
BrandsChevrolet
Ravon
Revenue3,265,415,000 USD (2022)
Net income
235,119,000 USD (2022)
OwnerPublicly traded company (99,7% owned by the state through Uzavtosanoat, 0,3% private equity)
Number of employees
16,000 (August, 2023)
ParentUzAvtosanoat JSC (99.7%) through its subsidiary PVM LLC
Websiteuzautomotors.com

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.

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]

  1. ^ "GM Uzbekistan to build Chevrolet small car". autoevolution. 15 February 2010.
  2. ^ "Акции UzAuto Motors размещены на фондовой бирже "Ташкент"". Газета.uz (in Russian). 17 February 2023. Retrieved 18 February 2023.

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