Tashkent, Uzbekistan (UzDaily.com) -- The Center for Economic Research and Reforms conducts a monthly analysis of the situation in the Uzbek car market.

According to the results of March, the total sales of motor vehicles in the country amounted to almost 109 thousand units. In general, the car market decreased by 5.8% over the month.

In March, 96.5 thousand passenger cars were sold, which is 12.1% less than a month earlier.

Regionally, the largest decrease in sales in the passenger car market was noted in Surkhandarya, Ferghana and Navoi regions.

According to the results of the Q1 2024, sales of passenger cars decreased by 3.2%, amounting to 334.3 thousand cars.

As for the situation in the primary passenger car market, the market has a declining trend here. During the month, sales amounted to just over 24 thousand cars. with a decrease of 16.7%. Compared to last year, this segment of the car market decreased slightly by 0.2%.

At the same time, 19.54 thousand passenger cars of domestic production were sold during the month, which is 17.2% less than in March last year.

During the month, the foreign car market decreased by 13.7%. In total, 2.3 thousand foreign cars were sold in March. Compared to March last year, sales fell by 20%.

In the secondary market, sales decreased by 10.6%. In total, 74.6 thousand used passenger cars were sold in March. In annual terms, there was a more noticeable decline by 16%.

The electric car market has started to stagnate. In March, sales of passenger electric cars increased by only 0.1%.

However, in annual terms, sales increased 2.4 times.

According to the results of the Q1 2024, sales also increased 3.7 times and exceeded 8 thousand cars.