Car market in Kazakhstan results of 2015

Car market in Kazakhstan results of 2015 - AKAB
Release date: 09.03.2016
Price: On request
Format: PDF, 28 pages

Description:

Over the 12 months of 2015, official dealers sold 97 units. new cars, which is 446% lower than the results of 40,4 (2014 units). The results of the year confirmed the negative forecast of ACAB, which included the retention of the disparate exchange rate of the tenge by the National Bank. On average, 163 units were sold monthly in Kazakhstan in 530. new cars.

 

A 36% decline in the car sales market was also recorded in Russia; among neighbors, the result of the decline in volumes was a reduction in the range of models and the transition of some companies to a pre-order system. Many dealerships were closed, and those that remained stopped purchasing models that were in low demand. In turn, the Kazakh car market was strongly influenced by the spontaneous import of used and new cars from the Russian Federation at the beginning of 2015 and the end of 2014.

The first half of 2015, due to the passenger cars imported into Kazakhstan under gray schemes (over 150 thousand), was accompanied by an accelerated decline in the market activity of the car market. According to the results of 6 months of 2015, official participants of auto retail sold 53261 units. passenger cars and light commercial vehicles, which is 30% lower than the APY 2014 figure. The source of the stable reduction in the sales segment remained the influence of Russian imports. However, on May 26, 2015, by order of the Ministry of Investment and Development of the Republic of Kazakhstan, a ban was introduced on the import from EAEU member countries of cars that do not meet the requirements of the Euro-4 standard and the Technical Regulations of the Customs Union “On the Safety of Wheeled Vehicles”, which contributed to a decrease in the import of cars that do not comply with new standards from the EAEU countries.

 

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