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88.2 THOUSAND CARS SOLD IN UZBEKISTAN IN 2016

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88.2 THOUSAND CARS SOLD IN UZBEKISTAN IN 2016

The auto industry today is the main growth driver for the global economy. It is the pace of development of this industry which will determine the prices for the main global commodity – oil and metals.

The quantity and quality of the vehicle park is a fairly accurate indicator of the level of economic progress and well-being of the population. In this context, Uzbekistan is firmly in place among the steadily developing countries in the world and is a leading manufacturer of passenger cars and commercial vehicles of a wide spectrum in the region of Central Asia.

Producing competitive products at the level of world standards is a priority in the activities of the company.

Currently, JSC Uzavtosanoat within its structure has effectively operating enterprises that produce cars, buses, trucks, parts and components for cars and consumer goods.

Over the past year, enterprises of the industry produced goods worth over 4.2 trillion soums.

In 2016 Uzavtosanoat put into operation 3 projects with 240 new jobs.

A total of 88 thousand 200 pieces of cars, 3 thousand 420 units of buses and trucks ISUZU, 1.0 thousand units of MAN trucks went from the production lines during the year.

Along with this, the company made rebranding, expanded the network of sales in export markets. It made presentations of the new brands in Russia, Ukraine, Belarus, Azerbaijan, Moldova, Kazakhstan and Kyrgyzstan.

The implementation of the export strategy has allowed not only to provide extra load capacity, but also to increase brand awareness on an international level and expand its customer base.

The geography of exports has expanded. Due to the development of seven new markets among the Middle East countries (Lebanon, Jordan and Iraq) and Africa (Ghana, Senegal, Côte D’ivoire and Nigeria) the share of exports to non-traditional markets increased from 1.5% in 2012 to 29% in 2016.

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