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TASHKENT, March 21 (Itar-Tass) — The presentation of a new vehicle, Chevrolet Malibu, was held in the capital of Uzbekistan on Wednesday. According to local media, the car will cost about 55,000 dollars. It will be produced by GM Uzbekistan Joint Stock Company.
According to the company, the all-wheel-drive business class sedan is equipped with a 2.4-liter engine with the capacity of 169 and 263 horsepower.
Malibu has up-to-date safety systems and high-quality interior design. The vehicle has six airbags.
The sales of Chevrolet Malibu will begin in June. The UzDaewooAuto company was set up on a parity basis by the government of Uzbekistan and the Korean Daewoo Motor. The car plant, producing 250,000 vehicles a year, was commissioned in 1996.
In 2005, Uzbekistan bought 50 percent of Daewoo shares in the joint venture, and at the end of 2007 Uzautoprom and General Motors signed an agreement to set up on the basis of UzDaewooAuto the GM Uzbekistan plant producing and selling Chevrolet cars. GM has 25 percent of shares in the joint venture.