AvtoZAZ (Ukrainian: АвтоЗАЗ) is an automotive manufacturing company in Ukraine. It was founded in 1975 as Industrial Association, а holding that incorporated ZAZ, MeMZ, Illichivsk Automobile Parts Plant (Ukrainian: Іллічівський завод автоагрегатів) and a number of other automobile-production facilities in Lutsk (LuAZ) and Kherson. It is the only enterprise in Ukraine having full-scale cycle of passenger cars production.
In 1998 AvtoZAZ formed a joint venture with Daewoo Motors, named AvtoZAZ-Daewoo (АвтоЗАЗ-ДЕУ). ZAZ was included in the deal as 50% share on the behalf of AvtoZAZ. Following the bankruptcy of Daewoo Motors in 2001, Daewoo was bought out by General Motors, however GM refused to acquire overseas manufacturing subsidiaries including AutoZAZ-Daewoo; the Daewoo part was later bought out by a Swiss investment company in 2003.
Since the 2000s (decade), the state-owned 82% of AvtoZAZ shares were trusted to Ukrainian Automobile Corporation (UkrAVTO). In 2002, the corporation bought these shares and merged AvtoZAZ with ZAZ.
External linksedit
AvtoZAZ.com - Official website
- Ukrainian Automobile Corporation
January 01, 1970
avtozaz, this, article, does, cite, sources, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, september, 2019, learn, when, remove, thi. This article does not cite any sources Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources AvtoZAZ news newspapers books scholar JSTOR September 2019 Learn how and when to remove this message AvtoZAZ Ukrainian AvtoZAZ is an automotive manufacturing company in Ukraine It was founded in 1975 as Industrial Association a holding that incorporated ZAZ MeMZ Illichivsk Automobile Parts Plant Ukrainian Illichivskij zavod avtoagregativ and a number of other automobile production facilities in Lutsk LuAZ and Kherson It is the only enterprise in Ukraine having full scale cycle of passenger cars production History editIn the 1990s it was reorganized into a joint stock company although 100 of shares stayed with the government In 1998 AvtoZAZ formed a joint venture with Daewoo Motors named AvtoZAZ Daewoo AvtoZAZ DEU ZAZ was included in the deal as 50 share on the behalf of AvtoZAZ Following the bankruptcy of Daewoo Motors in 2001 Daewoo was bought out by General Motors however GM refused to acquire overseas manufacturing subsidiaries including AutoZAZ Daewoo the Daewoo part was later bought out by a Swiss investment company in 2003 Since the 2000s decade the state owned 82 of AvtoZAZ shares were trusted to Ukrainian Automobile Corporation UkrAVTO In 2002 the corporation bought these shares and merged AvtoZAZ with ZAZ External links editAvtoZAZ com Official website UkrAvto Ukrainian Automobile Corporation Retrieved from https en wikipedia org w index php title AvtoZAZ amp oldid 1187808490, wikipedia, wiki, book, books, library,
