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Economy
20/01/2009
GM Uzbekistan to launch M300 production in 2010
Chevrolet M300 Beat Concept
Tashkent, Uzbekistan (UzDaily.com) --
General Motors Uzbekistan (GM Uzbekistan) will start serial production of Chevrolet M300 in 2010. Cabinet of Ministers of Uzbekistan issued a corresponding decree on 16 January 2009.
It is expected that the production of new model will be launched in the third quarter of 2010. Chevrolet M300 will meet all security and comfort requirements.
GM Uzbekistan and General Motors Daewoo Auto and Technology (South Korea) signed an agreement on supply of machinery and equipment for organization of production of Chevrolet M300 on 26 September 2008.
Total cost of the project is around US$124.455 million. GM Uzbekistan will produce 50,000 cars annually and part of which will be exported.
Chevrolet M300 will appear in market this year. Currently, there are no information on new model.
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