The Center for Economic Research and Reforms (CERR) has presented the results of its latest analysis of Uzbekistan’s automotive market.
Currently, there is an overall increase in passenger car sales, which is a positive signal following four months of declining activity.
In January, sales rose by 9.5% compared to the previous month, reaching 78,600 vehicles, indicating a recovery in market activity.
In a regional breakdown, the highest sales growth in January was recorded in Surkhandarya region – 27% increase, Andijan region – 25% increase and Namangan region – 24% increase.
The primary passenger car market in Uzbekistan is showing positive developments. Sales of new passenger cars increased by 18.5%, adding 4,100 more units compared to the previous month.
Despite this short-term positive trend, annual sales in this segment declined by 15%.
Sales of locally produced new cars also showed an upward trend in January, totaling 21,700 vehicles - an increase of 3,300 units compared to the previous month.
At the beginning of the year, the market for foreign-made passenger cars, both new and used, showed a significant increase in sales.
In January, activity in this segment grew by 21%, corresponding to the sale of 4,900 foreign cars.
This growth is particularly notable in a year-over-year comparison, where sales increased by 42% compared to the same period last year.
In January, the secondary passenger car market saw increased activity. Sales amounted to 52,000 vehicles, with an increase of 5.4% compared to December last year.
The passenger electric vehicle (EV) segment, including both new and used EVs, continues to expand. At the beginning of the year, sales reached 5,500 units, reflecting a 24% increase.
Used electric vehicle sales have tripled (3.1x) over the past year.
New electric vehicle sales have grown 1.3 times year-over-year.
CERR Public Relations Sector
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