Uzbekistan's motor vehicle market exhibited varying trends in July, with overall sales increasing by 17.4% from the previous month, totalling nearly 102,000 units. Despite this monthly growth, y/y figures show a decline of 29.9% in market activity, according to the Centre for Economic Research and Reforms.
Passenger car sales in July reached 92,000 units, marking an 18.6% increase from June. However, compared to the same period last year, these sales fell by over 30%. Regional analysis indicates that the Namangan, Kashkadarya, and Andijan regions led in sales growth, with increases of 52%, 36%, and 29% respectively.
In the primary market, passenger car sales rose by 17% in July. However, this growth was overshadowed by a 12% decline when compared to the previous year. Sales of new cars produced domestically continued their upward trend, increasing by 17.5%, yet still reflecting a 6% year-on-year decrease.
The foreign car segment saw a 9.6% increase in sales, with approximately 2,600 units sold in July—200 more than the previous month. Despite this improvement, the segment experienced a year-over-year decline of 46.5%.
The secondary market for passenger cars recorded a 19.6% increase in sales activity from June, with about 61,500 units sold. Nonetheless, annual figures reveal a 37% decrease in overall sales volume in this segment.
The electric vehicle market experienced growth, with sales reaching 3,400 units in July—an increase of over 390 vehicles compared to June. Year-on-year, electric vehicle sales rose by 28%. The primary market for electric cars in Uzbekistan saw an 11.2% monthly increase in sales, while the secondary market experienced a rise of over 18.2%. Sales of used electric vehicles tripled over the past year, indicating a significant shift in consumer preferences within this segment.
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