Prices for GM Uzbekistan cars will increase from August 1 on average by 14%, Shavkat Umurzakov the chairman of UzAvtoSanoat at the International Press Club meeting while promising discounts and price cuts from that next.
"I accept the discontent of the population as harsh criticism against me. We with the team came to the fact that we should explain the reason for the price increase. This is not only related to the monopoly. The production capacity of the Asaka plant is 290,000 cars per year, but we produce only 160,000. Due to the fact that the plant only operates at 50% of its capacity, the cost of machinery becomes high. This affects the buyers' pocket and negatively affects the export potential of the enterprise, "he said.
GM Uzbekistan recorded prices in September 2017 at the level set before the devaluation of the sum. Retail prices for cars produced by GM Uzbekistan are determined exclusively in national currency.
