The report in focus

AUTOSTAT OMNIBUS – 2016. NEW CARS. OPINIONS OF CAR OWNERS

AUTOSTAT OMNIBUS – 2016. NEW CARS. OPINIONS OF CAR OWNERS

Exit date 12.01.2017

Format PDF

Price 1700 eur.

We offer to your attention the first issue of the omnibus study based on the opinion of ca...

12 january more info

Analytics

The Russian car market in 2016 decreased by 11%

According to the AEBusiness, by the results of 2016, the Russian car market decreased by 11% to 1 million 425 thousand 721 cars.

27 aprilmore info

Infographics

The dynamics of sales of new cars in Russia 1998-2015

News

PSA Group will establish the production of light commercial vehicles in Uzbekistan

PSA.jpg

The PSA Group and Uzavtosanoat signed an agreement on the establishment of a joint venture Uzbekistan Peugeot Citroen Automotive to produce light commercial vehicles in Uzbekistan. This partnership is aimed at the construction of a manufacturing enterprise in the Free Industrial Zone "Dgizak", located 200 km from Tashkent. The plant will specialize in the production of light commercial vehicles under the brands Peugeot and Citroen, intended for the transport of passengers and goods. The authorized capital of the joint venture will be 30 million Euros with an equal share distribution. Total investment in the project is about 130 million Euros, the press service of the PSA Group. The production capacity of the enterprise will be up to 16 thousand cars a year, which will be sold both in Uzbekistan and in export markets.

PSA Group will provide new technologies, the right to use intellectual property, build up modern production processes and train employees. The plant will work in accordance with the modern systems of the PSA Group for the management of production, quality, procurement, supply and sales systems. Also, the plans of the joint venture include ensuring the localization level of at least 50% from the first year of production, by attracting local manufacturers of automotive components - about 30 large plants that are owned by Uzavtosanoat and over 160 medium and small enterprises.

"The segment of light commercial vehicles remained today the only undeveloped type of vehicle in Uzbekistan," - said Deputy Chairman of the Board of JSC "Uzavtosanoat", Mr. Yusupov Rustam. – “The implementation of this project will make it possible to implement a new qualitative step in the development of the domestic automotive industry. A new joint venture, along with an increase in the employment of the population, will contribute to the further growth of Uzbekistan's industrial production".

Vice President of the PSA Group, Chief Executive Officer for Russia and the Eurasia Region, Christophe Bergeran, said: "This project is fully in line with our strategic plan "Push to Pass". It is an excellent opportunity for PSA Group's business development in the segment of light commercial vehicles and profitable growth in the region”.

18.05.17 AA "AUTOSTAT"
Source: www.autostat.ru