Asaka is home to the first automobile assembly plant in Central Asia, namely UzAutoMotors (formerly UzDaewooAuto).

According to others, "Assake" (the original name of the city) is an ancient term derived from the Iranian ethnonym referring to Central Asian Scythians.

Avaz Muhammad Attor, a 19th-century historian, mentioned Assake in his book Tarixi jahonnoma (World History).

Assake started to grow fast after the nearby city of Andijan and Tashkent were connected with a railway line.

[4] In 1994, the first automobile assembly plant in Central Asia was built in Asaka by UzDaewooAuto, an Uzbekistani-South Korean joint venture.

Following Daewoo's collapse in 2001, and the resulting change of ownership, UzDaewooAuto was reorganized as GM Uzbekistan in March 2008 as a new replacement joint venture.

Asaka is located 495 metres (1,624 ft) above sea level in the southeastern edge of the Fergana Valley near Uzbekistan's border with Kyrgyzstan.

[3] Asaka is home to the first automobile assembly plant in Central Asia, namely GM Uzbekistan.