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Car production increases in Uzbekistan

17 September 2018 12:09 (UTC+04:00)
Car production increases in Uzbekistan

By Kamila Aliyeva

The passenger car production in Uzbekistan amounted to 110,690 units in January-August 2018, thus showing an increase of 21.2 percent compared to the same period in 2017, according to the Uzbek State Statistics Committee.

In January-August 2018, the output of trucks was 2,450 units, which is 7.9 percent less compared to the same period in 2017.

Production of buses in Uzbekistan in the reported period 2018 amounted to 351 and registered a decrease of 39.8 percent compared to January-August 2017.

Meanwhile, Uzbekistan increased the output of tractors by 6 times to 2,480 units.

According to Uzavtosanoat JSC, from January 1 to September 12, 2018, GM Uzbekistan sold more than 114,630 cars in the domestic market of Uzbekistan.

Car industry occupies one of the leading places in the economy of Uzbekistan. A significant number of the country's population is employed in this sector of industry.

The vast majority of automotive enterprises in Uzbekistan are joint ventures with foreign partners. This shows that the country is successfully working to create a favorable investment climate.

The main production companies are GM Uzbekistan, SamAvto, JV MAN Auto-Uzbekistan and GM Powertrain Uzbekistan.

The automotive industry has undergone significant reform last year. Simplification of the procedure for buying cars is intended to increase the demand for them, and the expansion of export opportunities will make this Uzbek brand even more popular abroad.

Since 1998 Uzbekistan has been a member of the International Organization of Motor Vehicle Manufacturers (OICA).

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Kamila Aliyeva is AzerNews’ staff journalist, follow her on Twitter: @Kami_Aliyeva

Follow us on Twitter @AzerNewsAz

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