GM Uzbekistan suspends sale of cars in Uzbekistan
14/08/2018 12:03
GM Uzbekistan suspends sale of cars in Uzbekistan
14/08/2018 12:03
Tashkent, Uzbekistan (UzDaily.com) -- GM Uzbekistan has suspended the sale of cars in Uzbekistan due to uncertainty in connection with the expected price increase. This was reported by UzA quoting the press service of the company.
The agency noted that the car dealers stopped signing contracts for the purchase of GM Uzbekistan cars. In addition, there is a rise in prices in the car market.
“Prices for GM Uzbekistan cars have not changed. The issue of price increases, which was discussed on 30 July at the International Press Club, is being comprehensively studied together with relevant organizations and specialists, taking into account the positive and negative consequences. The price increase is expected, therefore, due to the fact that the specific cost has not been determined, the conclusion of contracts has been suspended,” the statement said.
The representative of the press service of GM Uzbekistan reminded that the price-list spreading in social networks does not correspond to reality, since new prices have not been set yet.
On 30 July, during the meeting of the International Press Club, the chairman of Uzavtosanoat Shavkat Umurzakov stated an increase in prices for cars from 1 August, 2018 by an average of 14%. But later the company said that there will be no price hike on 1 August.
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