The Center for Economic Research and Reforms regularly analyzes activity trends in Uzbekistan’s automotive market. The review covers the main segments of the automotive market and regional developments.
In August, sales of all types of motor vehicles (primary market, secondary market and electric vehicles) exceeded 79 thousand units, remaining virtually unchanged from the previous month.
In August, passenger car sales amounted to 62.5 thousand units, increasing by 2.2% compared with the previous month.
Over the month, motor vehicle sales increased in 9 out of 14 regions of the country. The highest growth was recorded in Bukhara Region (19.1%), Tashkent Region (11.9%) and Khorezm Region (10.8%).
The largest declines in activity compared with the previous month were recorded in Tashkent city (-10.1%), Andijan Region (-2.7%) and Fergana Region (-2.1%).
Sales of new passenger cars increased by 20.5% over the month and reached 30.6 thousand units. The main contribution to growth came from domestically produced vehicles, sales of which increased by almost 25% to 25.3 thousand units.
Sales of new foreign-made vehicles amounted to 5.3 thousand units, up 7% from the previous month.
Over the month, sales of used passenger cars decreased by 10.8% to almost 32 thousand units.
In August, electric vehicle sales in the primary and secondary markets amounted to 9.2 thousand units, remaining at the level of the previous month.
Growth in activity was recorded in most regions of the country. The highest number of electric vehicles sold was recorded in Tashkent city (6.3 thousand), Fergana Region (662 units) and Tashkent Region (455 units).
Electric vehicle sales remain highly concentrated in Tashkent. The capital accounted for 68.5% of the total market.
At the same time, compared with the same period last year, electric vehicle sales increased by 44.5%.
Jafar Khidirov, CERR
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