TagAZ
Encyclopedia
TagAZ is an automotive assembly plant located in Taganrog
, Russia
. Affiliated enterprises are the Rostov Truck Factory.
n Daewoo Motors
, and was fully financed by Doninvest Finance & Industry Group, with investment volumes surpassing US$ 260 million. In 1998, Doninvest launched pilot semi-knocked-down production of the Daewoo Lanos
and Daewoo Nubira
models.
From 1999 to 2002, the company assembled the Citroën Berlingo
Mk I model under the name Orion M.
In 2006, it produced the Hyundai Accent
, Hyundai Sonata
, as well as the Hyundai Porter
light truck.
In 2010, TagAZ announced the construction of a third automotive manufacturing plant in Bangladesh
, with an initial $2 billion investment. According to TagAZ officials, the decision to build cars in Bangladesh was made because of its low labour costs and the export advantages it enjoys with neighbouring countries and Europe. TagAZ had already purchased land in the Kishoreganj District
and aimed to sell the first car assembled there by 2012.
In October 2010, TagAZ started assembling BYD F3
, Vortex Corda (modified Chery Amulet), and Vortex Tingo
(modified Chery Tiggo) models.
The company currently has the capacity to simultaneously produce up to 20 different models at its facilities.
The conveyor line is laid out vertically over four floors of the main plant building, with a network of elevators and lifts linking the different levels. Each level is equipped with a monorail as well as compact lifting and transporting equipment.
All completed vehicles undergo a road test on a track made up of varied road surfaces.
Tagaz
Taganrog
Taganrog is a seaport city in Rostov Oblast, Russia, located on the north shore of Taganrog Bay , several kilometers west of the mouth of the Don River. Population: -History of Taganrog:...
, Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
. Affiliated enterprises are the Rostov Truck Factory.
History
Construction of the Taganrog Automotive Plant began in Spring 1997, under license and technology of South KoreaSouth Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
n Daewoo Motors
Daewoo
Daewoo or the Daewoo Group was a major South Korean chaebol . It was founded on 22 March 1967 as Daewoo Industrial and was dismantled by the Korean government in 1999...
, and was fully financed by Doninvest Finance & Industry Group, with investment volumes surpassing US$ 260 million. In 1998, Doninvest launched pilot semi-knocked-down production of the Daewoo Lanos
Daewoo Lanos
The Daewoo Lanos is a subcompact car manufactured by the Korean automaker Daewoo Motor from 1997 to 2002. It was manufactured under license agreements from 1997 to 2008 by Fabryka Samochodów Osobowych in Poland, where it was marketed as the FSO Lanos, from 1998 to present in Ukraine by AvtoZAZ,...
and Daewoo Nubira
Daewoo Nubira
The Daewoo Nubira is a compact car produced by South Korean automaker Daewoo Motors from 1997 to 2008.The first generation car, model J100, was released to the market in 1997 as Daewoo Nubira, and it was sold until 1999. It was developed as a replacement for the GM T platform-based Daewoo Nexia and...
models.
From 1999 to 2002, the company assembled the Citroën Berlingo
Citroën Berlingo
The Citroën Berlingo is a panel van and leisure activity vehicle produced by the French manufacturer Citroën since 1996. It was based on the Citroën ZX/Peugeot 306 estate floorpan and mechanicals...
Mk I model under the name Orion M.
In 2006, it produced the Hyundai Accent
Hyundai Accent
The Hyundai Accent , or Hyundai Verna in South Korea, is a subcompact car produced by Hyundai. In Australia, the first generation models carried over the Hyundai Excel name used by the Accent's predecessor. The Accent was replaced in 2000 by the Hyundai Verna in South Korea, although most...
, Hyundai Sonata
Hyundai Sonata
The Hyundai Sonata is a mid-size car/full-size car manufactured and marketed globally by Hyundai Motor Company. From the sixth generation onwards, it is known as the i45 in the Australian, Singaporean and New Zealand markets...
, as well as the Hyundai Porter
Hyundai Porter
The Hyundai Porter , also known as the Hyundai H-100, is a pickup truck produced and built by the Hyundai Motor Company.-First Generation :...
light truck.
In 2010, TagAZ announced the construction of a third automotive manufacturing plant in Bangladesh
Bangladesh
Bangladesh , officially the People's Republic of Bangladesh is a sovereign state located in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...
, with an initial $2 billion investment. According to TagAZ officials, the decision to build cars in Bangladesh was made because of its low labour costs and the export advantages it enjoys with neighbouring countries and Europe. TagAZ had already purchased land in the Kishoreganj District
Kishoreganj District
-Place of Interest:Kishorganj is a place of the creed of respectively Sanatana and Loukik Islam. Both Meghna and Brahmaputra river have contributed to its existence. Many traditional rituals are observed every year in Kishoreganj. Among them Kurikhai Mela is one of the most celebrated fair. It is a...
and aimed to sell the first car assembled there by 2012.
In October 2010, TagAZ started assembling BYD F3
BYD F3
The BYD F3 is a compact car produced in China by BYD Auto. The F3 is one of the top selling compact cars in China, looking very similar in front appearance to the 9th generation Toyota Corolla and back appearance to the Honda Fit Aria...
, Vortex Corda (modified Chery Amulet), and Vortex Tingo
Chery Tiggo
The Chery Tiggo is a compact SUV produced by the Chinese automaker Chery Automobile since 2006. It is a five-door crossover SUV available as a front-wheel drive or four-wheel drive with 1.6, 2.0 and 2.4-litre gasoline engines.-Overview:...
(modified Chery Tiggo) models.
The company currently has the capacity to simultaneously produce up to 20 different models at its facilities.
Owners and executives
TagAZ's owner is Russian entrepreneur M. Y. Paramonov, CEO of the financial-industrial Doninvest group. One-fifth of TagAZ shares are held by Sapor Invest Inc., Ikaria International Technologies Aktiengesellschaft, Pemberton Establishment, Asha Holding, and Dl Technologies GmbH.Taganrog Production capacity
The TagAZ factory at Taganrog covers an area of 60,000 m2 and is divided into 5 departments:- Welding body shop
- Paint shop
- Assembly shop (4 lines)
- Electroplating shop
- Functional testing shop
The conveyor line is laid out vertically over four floors of the main plant building, with a network of elevators and lifts linking the different levels. Each level is equipped with a monorail as well as compact lifting and transporting equipment.
All completed vehicles undergo a road test on a track made up of varied road surfaces.
Performance
The current yearly production regime is 180,000 units of 6 different vehicle models.| 1999 | 2000 | 2003 (for 9 months) | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 |
|---|---|---|---|---|---|---|---|---|
| 586 | 298 | 3810 | 25 602 | 45 417 | 55 900 | 79 620 | 106 322 | 29 240 |
TagAZ Owned brands
Vortex- Chery A5Chery A5The Chery A5 is a car produced by Chery Automobile. The Chery A516 has a 1.6L engine, Chery A518 has a 1.8L engine, and the Chery A520 has a 2.0L engine. The Chery A5 ISG/BSG is the first Chinese-designed mass-production hybrid vehicle...
as the Vortex Estina - Chery Amulet as the Vortex Corda
- Chery TiggoChery TiggoThe Chery Tiggo is a compact SUV produced by the Chinese automaker Chery Automobile since 2006. It is a five-door crossover SUV available as a front-wheel drive or four-wheel drive with 1.6, 2.0 and 2.4-litre gasoline engines.-Overview:...
as the Vortex Tingo
Tagaz
- SsangYong KorandoSsangYong KorandoThe SsangYong Korando is a small SUV produced from 1983–2006 and from 2010-onwards. The name Korando is a contraction of "Korea Can Do".-First generation:...
as the Tagaz Tager - SsangYong MussoSsangYong MussoThe SsangYong Musso is a SUV manufactured by the South Korean automobile manufacturer SsangYong Motor Company, from 1993 to 2005. "Musso" means Rhinoceros in Korean....
at the Tagaz Road Partner - Tagaz Estina
Hyundai brand
- Hyundai AccentHyundai AccentThe Hyundai Accent , or Hyundai Verna in South Korea, is a subcompact car produced by Hyundai. In Australia, the first generation models carried over the Hyundai Excel name used by the Accent's predecessor. The Accent was replaced in 2000 by the Hyundai Verna in South Korea, although most...
- Hyundai SonataHyundai SonataThe Hyundai Sonata is a mid-size car/full-size car manufactured and marketed globally by Hyundai Motor Company. From the sixth generation onwards, it is known as the i45 in the Australian, Singaporean and New Zealand markets...
- Hyundai PorterHyundai PorterThe Hyundai Porter , also known as the Hyundai H-100, is a pickup truck produced and built by the Hyundai Motor Company.-First Generation :...
- Hyundai Elantra XDHyundai ElantraLaunched in 1990 , the Elantra received a mid-term facelift in 1993.The Elantra was powered by a Mitsubishi-designed 1.6 L straight-4 This DOHC 16-valve 1.6 L unit produced 113 hp at 6000 rpm and could push the Elantra to 60 mph in 9.5 seconds...
- Hyundai Santa FeHyundai Santa FeThe Hyundai Santa Fe is a mid-size crossover SUV based on the Hyundai Sonata platform. Named after the city of Santa Fe, New Mexico, it was introduced for the 2001 model year as Hyundai's first SUV, released at the same time as the Ford Escape/Mazda Tribute and Pontiac Aztek...
- Hyundai CountyHyundai CountyThe Hyundai County is a minibus built by Hyundai Motor Company. It is primarily available as city and tourist buses.In Japan, Asia-Pacific, Mid-East, Africa and South America, its principal competitors are Kia Combi, Asia Combi....