UAZ auto production surges 70% in 2010
ULYANOVSK. Jan 28 (Interfax) - OJSC Ulyanovsk Automotive Plant (UAZ, part of the Sollers holding) produced 55,229 automobiles in 2010, which was 69% more than in 2009, the company said.
"Since the year began, the enterprise saw positive production-growth dynamics. During the reporting period, 24,700 UAZ cars were produced, which was 67% more than in 2009. Truck production came to 30,500 units, which was significantly higher than the result for 2009," the company said in a statement.
The confirmed UAZ production plan for this year is for 57,200 SUVs, which would mean a 3.6% increase from last year.
Sollers, formerly Severstal-Auto, manages the Ulyanovsk Automotive Plant, Zavolzhsky Motor Plant , Sollers-Naberezhniye Chelny, Sollers-Elabuga and Sollers-Far East. The company also has an engine manufacturing joint venture with Fiat Powertrain Technologies. Sollers produces UAZ, Fiat, Isuzu and SsangYong models in Russia.