Founded | 1991 |
---|---|
Defunct | January 2014 |
Headquarters | , Russia |
Doninvest ( Russian: Финансово-Промышленная Группа Донинвест) was a Russian industrial group that manufactured cars in Taganrog and Aksay, Rostov Oblast.
The firm produced Daewoo cars on license for the Russian market under an own brand. [1] Their best known models were the Doninvest Assol, the Doninvest Kondor, and the Doninvest Orion.
Doninvest Bank was founded in 1991 by Mikhail Paramonov. [2] In 1995, the bank financed a plan to assemble Pontiac cars in the Krasny Aksay plant. [2]
The first Daewoo-branded vehicles began to be manufactured in 1995, at the Krasny Aksay plant. The first models were the Daewoo Nexia and Daewoo Espero. [3] Doninvest began to manufacture own-brand vehicles on license in 1997, in an attempt to diversify the group holdings. [4] In 1997 Krasny Aksay was sixth in the rank of the country's car plants, producing 13,200 vehicles. [5] The bankruptcy of Daewoo in 2000 meant that the company only built 34 cars in the first nine months of the year. [1]
In May 1999 the company signed an agreement with Citroën to build the Orion M, as the rebadged Citroën Berlingo became known on the Russian market. [1] It turned out to be the only Citroën marketed by Doninvest. [6] Production on this model ended in 2003 with a total production run of 800–1,000 vehicles, and with it ended the group's partnership with Citroën. [4]
The TagAZ plant entered a partnership with Hyundai in 2001, but after the Korean carmaker built its own Russian factory in 2010, TagAZ ceased to be of interest to them. [7] During its last years of operation, the factory assembled Chery cars. [7] TagAZ was declared bankrupt in January 2014; the Doninvest Bank followed during the same year. [7]
Car models produced by the company: [8]
{{
cite web}}
: CS1 maint: bot: original URL status unknown (
link)
Founded | 1991 |
---|---|
Defunct | January 2014 |
Headquarters | , Russia |
Doninvest ( Russian: Финансово-Промышленная Группа Донинвест) was a Russian industrial group that manufactured cars in Taganrog and Aksay, Rostov Oblast.
The firm produced Daewoo cars on license for the Russian market under an own brand. [1] Their best known models were the Doninvest Assol, the Doninvest Kondor, and the Doninvest Orion.
Doninvest Bank was founded in 1991 by Mikhail Paramonov. [2] In 1995, the bank financed a plan to assemble Pontiac cars in the Krasny Aksay plant. [2]
The first Daewoo-branded vehicles began to be manufactured in 1995, at the Krasny Aksay plant. The first models were the Daewoo Nexia and Daewoo Espero. [3] Doninvest began to manufacture own-brand vehicles on license in 1997, in an attempt to diversify the group holdings. [4] In 1997 Krasny Aksay was sixth in the rank of the country's car plants, producing 13,200 vehicles. [5] The bankruptcy of Daewoo in 2000 meant that the company only built 34 cars in the first nine months of the year. [1]
In May 1999 the company signed an agreement with Citroën to build the Orion M, as the rebadged Citroën Berlingo became known on the Russian market. [1] It turned out to be the only Citroën marketed by Doninvest. [6] Production on this model ended in 2003 with a total production run of 800–1,000 vehicles, and with it ended the group's partnership with Citroën. [4]
The TagAZ plant entered a partnership with Hyundai in 2001, but after the Korean carmaker built its own Russian factory in 2010, TagAZ ceased to be of interest to them. [7] During its last years of operation, the factory assembled Chery cars. [7] TagAZ was declared bankrupt in January 2014; the Doninvest Bank followed during the same year. [7]
Car models produced by the company: [8]
{{
cite web}}
: CS1 maint: bot: original URL status unknown (
link)