Articles | Open Access | DOI: https://doi.org/10.37547/tajiir/Volume03Issue06-19

Strategy And Prospects For Development Of The Automotive Industry Of Uzbekistan

Timur Khikmatullaev , PhD Candidate, Westminster International University In Tashkent, Chief Specialist Of The Department Of The International Cooperation In The Field Of Innovative Development, The Ministry Of Innovative Development Of The Republic Of Uzbekistan (Tashkent)

Abstract

The automotive industry is one of the most important sectors of the world economy, which also belongs to the most capital-intensive areas of the world economy. Globally, the production of automobiles and components employs about 9 million people, who assemble 67 million vehicles each year, contributing 15% of the world's GDP. In addition, everyone employed at the automobile plant provides jobs for 14 more people in related industries. The automotive industry uses more than 15% of the global production of steel and aluminum, more than 10% of the copper smelter in the world. The industry is also the leading consumer of lead, synthetic and natural rubber (50%, 35% and 75% of global production, respectively). In addition, cars in service use half of the world's oil. Consumers spend up to 15% of their budget on cars every year. At the same time, there is a tendency for most of these indicators to grow.

Keywords

Automotive industry, economy, management, Uzbekistan, GM Chevrolet, innovation

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Khikmatullaev, T. . (2021). Strategy And Prospects For Development Of The Automotive Industry Of Uzbekistan. The American Journal of Interdisciplinary Innovations and Research, 3(06), 141–153. https://doi.org/10.37547/tajiir/Volume03Issue06-19