Wednesday, November 23, 2011

"Chevrolet-Niva" may become Astrakhan

Like the "Y" in Astrakhan is planned to build a factory on a hub assembly of vehicles "Chevrolet". Negotiations with main investor - the American company "General Motors" - are ongoing, but according to preliminary data, the project cost is estimated at more than $ 300 million the same time, according to analysts, the talks will end anything, because the Americans have no money for such large-scale projects. As the "Y" in Astrakhan is considering creation of an enterprise hub for assembly of cars Chevrolet. According to the Head of the Department of the Ministry of Economic Development of the real economy of the Astrakhan region, Vladimir Feldman, the project is already included in the program of socio-economic development for 2005-2007. He also said that it was initiated by a local company ZAO "Tehnovolga." The details of the project in Astrakhan government are quite restrained on the grounds that negotiations with the company "General Motors", which is assumed as the primary investor, are ongoing. However, according to Mr. Feldman, the total investment could reach $ 300 million and collected in Astrakhan cars, according to preliminary data, to be realized not only in Russia but also to be exported, in particular in Kazakhstan, Azerbaijan, Iran and Turkey. But, Mr. Feldman recalled that "Tehnovolga" had already tried two years ago to implement a project to assemble Astrakhan Ukrainian car "Tavria", but was forced to abandon the idea because of the low demand for these products. The new idea of ??the company, Mr. Feldman is a much more promising. "You see yourself as" Chevrolet Neve "is now on our streets" - he said, noting that the Government of Astrakhan Region is ready to provide investors with all kinds of "moral support". CJSC "Tehnovolga" promised to tell you about the project after the investment problem will be solved. According to company president Victor Yashin, this issue was discussed yesterday at a meeting of the American company. However, analysts believe that the American car manufacturing project in Astrakhan and will remain on paper. And as the main reason is not possible non-profit project, but lack of funds intended for the investor. "Where," General Motors "will find this $ 300 million, if their bonds rated as junk?" - Surprised analyst "Aton" Alex languages. He also mentioned the low investment grade rating "General Motors". "Now, this company no one believes it," - said Mr. languages. In addition, he pointed out that Americans already have in Russia is a successful joint project «GM-AvtoVAZ". "The same company offers Avtovaz" General Motors "to build engine plant, and, in my opinion, this project looks much more tempting than to start production from scratch in Astrakhan," - says the analyst. B In 2004, the American company "General Motors" sold on the Russian market through its authorized dealers, over 66 thousand cars. These indicators has been achieved mainly through the implementation of vehicles "Chevrolet-Niva" (more than 53 thousand), produced by the joint venture «GM-AvtoVAZ". Socket assembly of motor vehicles, "General Motors" is also produced at plants in Kaliningrad, St. Petersburg and Rostov. "Y" will follow the developments.

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