Car production in Kazakhstan is at the level of pre-crisis indicators

* Production of equipment in Kazakhstan over the eleven months of 2018 increased by 72%
* In November, the market share of domestically produced cars was 55%

According to Association of Kazakhstan Auto Business (AKAB), produced in November 2018 3 312 vehicles of all types costing 22 million tengeOn 0,7% more than in October. In total, over the eleven months of this year, Kazakhstan produced 29 209 units of equipment (including cars, trucks, buses, special equipment, trailers and semi-trailers) with a total cost 185 billion tenge. Production volumes exceed the results of January-November 2017 by 72%.

During the reporting period, Kazakhstan issued 27 273 passenger cars (+ 87%), 982 lorry (-27%), 277 of buses (-55%), 188 units of other specialized equipment (-17%) и 489 trailers/semi-trailers (+ 108%). In January-November 2018, the Kostanay exchange rate increased significantly "SaryarkaAvtoProm", was produced here 10 704 units cars vs 4 611 units last year (+ 132 %). In Ust-Kamenogorsk on the site "Asia Auto" according to preliminary data collected 16 776 cars. These two plants account for 95% of all sales of domestically assembled cars. To Kokshetau KAMAZ Engineering produced 470 trucks and special equipment, Almaty Hyundai Trans Auto shipped 204 units of equipment. Semipalatinsk enterprises SemAZ и Daewoo Bus produced by 319 и 147 units respectively.

According to ACAB forecasts, production in quantitative terms in 2018 will come close to pre-crisis levels. Demand for cars “Made in Kazakhstan” has increased from 38% to 48,4% this year. In November, the market share of domestically produced cars for the first time crossed the level of 55%, updating the historical maximum of sales.

In 2018 year 3 087 cars were issued on credit under a preferential state program. In total, as of November 1, 2018, DBK agreed 11 574 applications from second-tier banks for lending domestically assembled cars for the total amount 47 million tenge. Of these, six second-tier banks issued 11 170 loans for the purchase of vehicles from domestic automakers for the total amount45 million tenge.

​​​​​​​In addition, in the next 1,5 years, it is planned to allocate another 10 billion tenge for preferential car loans; the corresponding resolution of the Government of the Republic of Kazakhstan is currently under public discussion.

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