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.February
18, 2004
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This Week:
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Assembly Of The Opel Astra Classic To Start In The Ukraine
Adam Opel AG And ZAO ZAZ
Intensify Cooperation In The Ukraine

Opel Astra
Photo:
Opel/GM
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Kiev/Russelsheim - ZAO ZAZ,
the largest car manufacturer in the Ukraine, is starting with CKD
(Completely Knocked Down) assembly of the second generation Opel Astra -
the Opel Astra Classic - at its plant in Zaporoshje this month. Local
assembly of the Astra Classic comes as a further stepping stone in an
agreement reached by Adam Opel AG, ZAO ZAZ and OOO UkrAvtoZAZ-Service in
March 2003, for the import, assembly, distribution and service of selected
Opel vehicles in the Ukraine.
Under this agreement, OOO
UkrAvtoZAZ-Service is the exclusive authorized importer and distributor
for Opel vehicles, parts and accessories. ZAO ZAZ has been responsible for
the assembly of imported component sets of the Opel Corsa, Opel Astra and
Opel Vectra models. Now, after adding a new assembly line at the plant in
Zaporoshje, ZAO ZAZ will start the CKD assembly of the Astra Classic.
Almost 3,600 Astras are expected to be assembled in the first full year,
for sale on the Ukrainian market only. In addition to the CKD assembly of
the Astra Classic, ZAO ZAZ will continue with the final assembly of the
Opel Vectra and Opel Corsa.
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Richard B. Colcomb, Director
and Executive in Charge at the International Product Center, Adam Opel AG,
says: "The addition of CKD assembly is a clear sign of the success of
our joint cooperation with ZAO ZAZ and OOO UkrAvtoZAZ-Service and
demonstrates our commitment to produce where we sell. A lot of work has
been done by all partners to ensure Opel's success on the Urkainian
market, and we are very pleased with the results we are seeing. We are
confident that with the addition of the locally produced Astra Classic,
our sales in the Ukraine will grow even further."
(February 13,
2004)
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