Uzbekistan’s Automotive Market Shows Recovery and Rising Activity
The Center for Economic Research and Reforms has released an updated assessment of activity in Uzbekistan’s automotive market.
In October, total sales of all categories of motor vehicles reached 112.5 thousand units nationwide, an 11% increase compared to the previous month. Higher market activity was recorded across all major segments.
The passenger car segment recorded a monthly increase of 12.7%, reaching 95.4 thousand units. The strongest dynamics were observed in Namangan, Jizzakh, and Bukhara regions, where sales rose by more than 20%. Meanwhile, slight declines in activity were registered in Samarkand region and the Republic of Karakalpakstan.
Primary Market Dynamics
In October, passenger car sales in the primary market grew by nearly 19%, equivalent to an increase of 6 thousand units.
Within the segment, sales of newly produced domestically manufactured passenger cars reached 33.4 thousand units, marking a 22% rise compared to the previous month.
Sales of new imported cars also exceeded September levels, albeit with a modest 1.1% increase, amounting to 4.5 thousand units.
Secondary Market on the Rise
In October, sales in the secondary passenger car market increased by 9% compared to the previous month, reaching 57.4 thousand units.
Sales of used electric vehicles exceeded 3 thousand units, rising by 15.2% month-on-month. Compared to the same period last year, sales of pre-owned EVs grew 2.3 times.
CERR Public Relations Sector
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