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Automotive industry in Kazakhstan increases share in local market

Kazakhstani automakers continue to increase production of cars on the background of continuous growth of the market. The share of imported cars continues to fall, parity between imported and locally produced cars is just around the corner – the share of sales of the domestic automotive industry in the six months of 2018 reached 47.04%. Sales of cars with the label “Made in Kazakhstan” have grown two-fold.

According to the Association of Kazakhstan Auto Business (AQAB), for six months of 2018 in Kazakhstan produced 14660 vehicles of all types. The force of six Kazakhstani sites produced 13725 passenger cars (+ 76.4%), 486 trucks (-0.2%), 153 buses (-51.1%), 210 trailers and semitrailers (+ 60.3%) and 86 units of other specialized equipment (+ 60.3%).

The largest increase in production is demonstrated by Kostanay “SaryarkaAvtoProm” + 123.2% to the results of the previous year, for the six months there were produced 5297 cars, trucks and buses. In Ust-Kamenogorsk, the company “Asia Auto” collected 8573 cars (+ 51.7%). In Kokshetau KAMAZ Engineering produced 280 trucks, Almaty Hyundai Trans Auto produced 94 units of equipment, Semipalatinsk companies SemAZ and Daewoo Bus closed the first half of the year with 89 and 67 units respectively.

“All bold predictions continue to come true. On the one hand, there is a deferred demand and localization of the entire model line of Hyundai and LADA represented in Kazakhstan, on the other hand, programs of support of producers for soft loans and recycling programs in exchange for certificates help. Over the past year, nearly 15,000 discount certificates have been issued in the country, most of which were used to purchase 7,500 domestic cars, “said ANAR Vice President Anar Makasheva.

Source: Autostat