Activity in Uzbekistan's car market drops
Demand for cars in Uzbekistan continues to decline, according to a report by the Center for Economic Research and Reform.
Demand for cars in Uzbekistan continues to decline, according to a report by the Center for Economic Research and Reform. In March, the Road Traffic Safety offices registered and re-registered under 109,000 cars - 5.8% less than a month earlier.
Passenger car sales experienced a 12% decline in February and nearly a 13% decrease compared to the previous March, reaching a total of 96.5 thousand units.
Throughout the first quarter, the country witnessed the sale of 334.3 thousand passenger cars, which reflects a 3.2% decrease compared to the corresponding period in the previous year. The most significant drop in sales was observed in the Surkhandarya, Fergana, and Navoi regions.
Locally manufactured cars made up a total of 19.5 thousand units sold for the month, indicating a 17.2% decrease compared to the previous year. Demand for foreign-made cars also experienced a decline.
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