Uz-DaewooAvto is a 1992 founded joint venture

Joint venture

A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...

 between the Uzbek

Uzbekistan

Uzbekistan , officially the Republic of Uzbekistan is a doubly landlocked country in Central Asia and one of the six independent Turkic states. It shares borders with Kazakhstan to the west and to the north, Kyrgyzstan and Tajikistan to the east, and Afghanistan and Turkmenistan to the south....

 state owned UzAvtosanoat

UzAvtosanoat

The OJSC UzAvtosanoat is a company which was founded by President Islam Abdugʻaniyevich Karimov in November 1992. The company is responsible for the regulation of imports and exports of motor vehicles to and from the Uzbek market. The company is controlling and monitoring the automotive market of...

 and the South Korea

South 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 GM Daewoo

GM Daewoo

GM Korea Company is South Korea's second largest automobile manufacturer and is a division of the General Motors Company. GM Korea's roots go back to the former Daewoo which was split from its parent company, Daewoo Group, in 2001...

. The company produces vehicles under the brand name Uz-Daewoo and is increasingly important in the markets of the CIS

CIS

CIS usually refers to the Commonwealth of Independent States, a modern political entity consisting of eleven former Soviet Union republics.The acronym CIS may also refer to:-Organizations:...

 area. The company's assembly plant is located in Asaka

Asaka, Uzbekistan

Asaka is a city in Andijan Province, Uzbekistan, to the east of Andijan in the Ferghana Valley. It was formerly known as Leninsk during the communist era. The first automobile assembly plant in Central Asia was opened there by an Uzbekistani-South Korean joint venture, UzDaewoo.-See also:* List of...

. The company began production of vehicles on the 19th July 1996. The initiative to establish the Uzbek automobile industry goes back to the administration of State President

President of Uzbekistan

President of the Republic of Uzbekistan is the Head of State and executive authority in the Republic of Uzbekistan. The office of President was established in 1991 replacing the position of First secretary of the Communist Party of Uzbekistan that has existed since 1925 while the country was known...

 Islam Abdugʻaniyevich Karimov. GM Uzbekistan

GM Uzbekistan

GM Uzbekistan is a joint venture between the Uzbek OJSC UzAvtosanoat and the US American General Motors Company for the manufacturing of automobiles. Following the partial association with Daewoo Motor, Chevrolet got information about this Uzbek car manufacturer...

 produced 106,334 units during the first half of 2011. The company shares its assembly plant with GM Uzbekistan

GM Uzbekistan

GM Uzbekistan is a joint venture between the Uzbek OJSC UzAvtosanoat and the US American General Motors Company for the manufacturing of automobiles. Following the partial association with Daewoo Motor, Chevrolet got information about this Uzbek car manufacturer...

.

GM Uzbekistan

General Motors Uzbekistan, or GM Uzbekistan, was established in March 2008 as part of a new joint venture, and the Nexia and Matiz were sold under the Chevrolet

Chevrolet

Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918...

 badge together with an extended range of European Chevrolet models produced at the Asaka factory. The joint venture is owned by Uzavtosanoat JSC (75%) and General Motors Corporation (25%).

Models

• Daewoo Damas (1996–present)
• Daewoo Matiz
  Daewoo Matiz
  -M100 :The production of Daewoo Matiz started in 1998 and it was sold in South Korea and many European markets with the code name M100. The exterior design is based on the Lucciola, a Fiat Cinquecento concept by Italdesign Giugiaro which had been rejected by Fiat. The 0.8-litre gasoline engine and...
  
   (2001–present)
• Daewoo Nexia
  Daewoo Nexia
  The Daewoo LeMans/Racer is a subcompact car, first manufactured by Daewoo Motors in South Korea between 1986 and 1994. It was replaced by the facelifted Daewoo Cielo—a car mechanically identical to the LeMans, differentiated only by its modified styling cues...
  
   (1996–2008)
• Daewoo Nexia II/New
  Daewoo Nexia
  The Daewoo LeMans/Racer is a subcompact car, first manufactured by Daewoo Motors in South Korea between 1986 and 1994. It was replaced by the facelifted Daewoo Cielo—a car mechanically identical to the LeMans, differentiated only by its modified styling cues...
  
   (2008–present)
• Daewoo Tico
  Daewoo Tico
  The Daewoo Tico is a city car produced by the Korean automaker Daewoo from 1991 to 2001.The Tico was based on the 1988 Suzuki Alto. The car was equipped with a three-cylinder 796 cc S-TEC engine and had a five-speed manual transmission or three-speed automatic transmission. The Tico was...
  
   (1996–2001)
• Daewoo Spark (2010–present)