TASHKENT, Uzbekistan, February 13. Uzbekistan
plans to increase annual car production to 510,000 units, Trend reports via the press
service of the Uzbek president.
That was announced by President Shavkat Mirziyoyev during a
meeting devoted to discussing key tasks for ensuring strong
economic growth across sectors and regions.
The president noted that four major automotive enterprises are
currently operating in the country, with a combined production
capacity of 650,000 vehicles per year. This year, special emphasis
was placed on expanding localization by starting production of an
additional 763 automotive components in cooperation with more than
300 local companies.
To give a boost to the appetite for homegrown vehicles, the
president instructed authorities to take measures to reduce auto
loan interest rates and increase the overall volume of auto
lending.
Uzbekistan's vehicle production started in 1996 with
UzDaewooAuto in Asaka, making it the largest Central Asian
automaker, producing over 300,000 cars annually by 2024/2025 under
the UzAuto Motors brand, primarily Chevrolet models. The industry
evolved from a partnership with Daewoo in 1992 to GM Uzbekistan in
2008, now focusing on modern and electric vehicles (e.g., BYD).
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