"Vremya Novostei": UAZ intends to enter the European market with their UAZ-3160

Ulyanovsk automobile plant, a controlling stake owned by Severstal, in 2003, plans to enter the European market. The Protocol on cooperation with the Italian company De Tomaso Modena (specializes in the production of sports cars), which provides for the Assembly in Italy Russian SUV UAZ-3160, was signed in April last year.Series production of the model UAZ-3160 began in 1998, in 2002, the domestic market was supplied 1483 machine. In Italy, the car will be assembled for the first time. All automotive equipment, except motor that does not fit into the European standards for environmental performance and economy in Italy will supply the Ulyanovsk plant.Engine specifically for UAZ-3160 has been made Italian Iveco. Accumulating under the project is approximately $ 25 million., De Tomaso Modena after two years, plans to complete construction of the Assembly plant with a design capacity of 20 thousand units. Meanwhile, the UAZ-3160 will be collected at existing facilities in Modena, and this year the volume of production will be 1300 cars. However, by 2006-2007, it is planned to increase production to 20 thousand cars. The press service of the Ulyanovsk plant stated that UAZ-3160 on the European market "will not be competitors." Even now there are agreements with dealers France, Portugal, Spain, Italy and Greece.Analyst at Troika Dialog" Andrey Kormilitsin believes that the main advantage of "UAZ" is the price which, according to representatives of the plant will not exceed 16 thousand euros. The price of a similar European cars is 25 thousand euros and above.Source: RBC20.01.2003.



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