TagAZ (Russian: ТагАЗ, Таганрогский автомобильный завод) is an automotive assembly plant located in Taganrog, Russia. Affiliated enterprises are the Rostov Truck Factory.On January 21, 2014, the company was declared bankrupt.
Construction of the Taganrog Automotive Plant began in spring 1997, under license and technology of South Korean Daewoo Motors, and was fully financed by Doninvest Finance & Industry Group, with investment volumes surpassing US$260 million. In 1998, Doninvest launched pilot semi-knocked-down production of the Daewoo Lanos and Daewoo Nubira models.
From 1999 to 2002, the company assembled the Citroën Berlingo Mk I model under the name Orion M.
In 2001, it started producing the Hyundai Accent (LC), followed in 2004 by the Hyundai Sonata (EF), in 2008 by the Hyundai Elantra (XD), and in 2005 by the Hyundai Porter (third generation) light truck. In 2008, it started production of the Hyundai Santa Fe (SM). In the spring of 2012, production of the Hyundai models was over.
In 2008, it began assembly from semi-knocked-down kits of the Vortex Estina (a rebadged Chery A5).
In 2010, TagAZ announced the construction of a third automotive manufacturing plant in Bangladesh, with an initial $2 billion investment. According to TagAZ officials, the decision to build cars in Bangladesh was made because of its low labour costs and the export advantages it enjoys with neighbouring countries and Europe. TagAZ had already purchased land in the Kishoreganj District and aimed to sell the first car assembled there by 2012.
In October 2010, TagAZ started assembling the BYD F3,Vortex Corda (a modified Chery Amulet), and Vortex Tingo (modified Chery Tiggo) models.
In June 2011, the company began assembly from complete-knocked-down kits of the Tagaz C10 (a rebadged version of the JAC Tojoy). In October 2011, the Tagaz C190 (a rebadged version of the JAC Rein) was added to the line-up.
The company currently has the capacity to simultaneously produce up to 20 different models at its facilities.
- Vortex Estina, rebadged from the Chery A5
- Vortex Estina FL-C, rebadged from the Chery E5
- Vortex Corda, rebadged from the Chery Amulet
- Vortex Tingo, rebadged from the Chery Tiggo
- Tagaz Tager, rebadged from the SsangYong Korando
- Tagaz Road Partner, rebadged from the SsangYong Musso
- Tagaz C10, rebadged from the JAC Tojoy
- Tagaz C190, rebadged from the JAC Rein
- Tagaz Aquila
- Tagaz Vega
- Tagaz Master
- Hyundai Accent LC
- Hyundai Sonata EF
- Hyundai Porter III
- Hyundai Elantra XD
- Hyundai Santa Fe SM
- Hyundai County
- Hyundai Trago Xcient
TagAZ Road Partner