GM Uzbekistan also had problems with its distributors in Uzbekistan, with the life.ru website reporting in May 2016 that it may be forced to stop exports to Russia altogether because of the bankruptcy of its partner in the Voronezh region.
Since then, GM Uzbekistan has said that it is starting to export cars to both Tajikistan and Belarus, an apparent attempt to reduce its over- reliance on Russia for its market.
And there was also a corruption scandal that enveloped its top management. This included Tokhirjon Jalilov, who was arrested and sacked as chairman of GM Uzbekistan after allegedly being involved in a scam to sell cars to neighbouring Kazakhstan to a proxy company and then re-importing them back to Uzbekistan where they were sold to consumers.
The accusation was that the company’s management pocketed the difference.
GM owns 25% of GM Uzbekistan and Uzavtoprom owns 75%.
ENDS
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(News report from Issue No. 326, published on April 28 2017)