The construction of the building of the medium-capacity truck plant Isuzu will start in Ulyanovsk in the third quarter of this year. This was reported by the press service of the regional government on Thursday.
A special investment contract to the amount of RUB 6 bln will be implemented in the Ulyanovsk Region in the automotive industry jointly with Isuzu Sollers LLC, the press-office of the region informed. ‘The total investments in the project to be implemented in the Ulyanovsk Region will exceed six billion rubles’.
Production of buses based on the Isuzu running gear was launched at the facilities of Simaz Industrial Complex in Ulyanovsk, reported the press service of the regional Government on Tuesday.
“Production of SIMAZ buses based on the Isuzu running gear has been launched in the Ulyanovsk Region. This was made possible due to the agreement signed in July 2017 ... the trilateral Memorandum of Understanding... between the Government of the Ulyanovsk Region, Isuzu Rus LLC and Simaz LLC,” - the statement says.
Sergey Morozov, the Governor of the Ulyanovsk Region, signed the triple memorandum with Fabris Gorlye, Director General of Isuzu Rus JSC, and Sergey Polbin, Development Director of SIMAZ JSC, concerning manufacture of Isuzu buses in the region. Monday, this news was reported by the Government of the Ulyanovsk Region.
On May 19, the Governor Sergey Morozov; Fabrice Gorlier, the Director General of IsuzuRus; and Pavel Golovin, the Company’s Production Director attended the launch of the C and E series truck assembly line.
“I am very glad that we find full mutual understanding with our friends from ISUZU. Every step forward made by the Company has a very positive outcome: salaries are growing, new jobs are emerging, cooperative ties are developing with the enterprises of the Region. Launching the heavy truck production line is a very important milestone in the development of the regional industry and economy, which will promote not only the automotive industry, but also the related industries”, Sergey Morozov stressed.
Japan’s Isuzu is discussing with Ulyanovsk authorities the possibilities of establishing a bus assembly facility in the industrial park opened on the site of Ulyanovsk Automobile Plant, Prime Minister of the Government of Yaroslavl Region Alexander Smekalin has told the journalists today.
Isuzu (Japan) intends to double its production of trucks in Russia, Fabrice Gorlier, Director General of ISUZU RUS, said. “Now we produce about 2,500 trucks a year, in 1,5-2 years we expect to double this figure” (the quotation is given by TASS).
Now, on the territory of UAZ, Isuzu manufactures trucks with gross weight of 5-18 tons. They are sold in Russia, Belarus and Kazakhstan, in 2017 Azerbaijan will be added to these countries, and the share of exports will reach 5%, the representative of Isuzu told Vedomosti. Car localization rate exceeds 30%, and “it is even higher for vehicles with optional equipment”. The company intends to further increase the localization rate.
At the end of 2016, the product range will be widened and we will start producing heavy trucks. “This is an important new segment and a big market,” Gorlier noted. The possibility of local assembly of Isuzu D-Max pickup trucks, which are now imported to Russia, is also not excluded. “In case of [their] successful launching, we will set up production,” the representative of Isuzu told Vedomosti.
Isuzu Motors Limited
Company's website: www.isuzu.com
Contact: Susumu Hosoi, Chairman of the Board of Directors
Isuzu Motors Limited is a Japanese car company, one of the world's leading manufacturers of trucks, buses and diesel engines.
The company’s history began in 1916 when the industrial group Tokyo Ishikawajima Shipbuilding and Engineering Co. Ltd. which started to manufacture licensed cars was founded. Trucks assembly started at the company's plant in 1918.
In 1936 the company produced the first diesel engine in Japan, and today it became a leader in developing new technologies for this type of engines. Today, ISUZU vehicles are available in more than 130 countries around the world, and their diesel engines can be found on assembly lines of many leading car manufacturers.