The market share of Kazakhstani cars exceeded 50% in October

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  • Since the beginning of the year, 24 passenger cars have been produced in Kazakhstan
  • TOP 5 brands: Lada, Hyundai, Kia, JAC and Chevrolet

Demand for domestically produced cars remains high; in October, automakers released 3 188 units of equipment for the total amount 21 million tenge is almost twice as much as last year. The total result of ten months of 2018 in physical terms exceeds production for the entire last year by more than 6 thousand cars.

According to Association of Kazakhstan Auto Business (AKAB), in January-October 2018, Kazakhstan produced 25 897 vehicles of all types in the amount 162 million tenge against 15 051 food and 115 084 млн tenge in the same period of 2017. Traditionally, the growth is ensured by passenger cars - this year it was produced 24 115 passenger cars (+ 86%), 882 lorry (-21%), 448 trailers and semi-trailers (+ 106%), 249 buses (-54%) and 163 units of other specialized equipment (-13%).

According to preliminary data, in Kostanay "SaryarkaAvtoProm" was produced in ten months 9 321 unit of cars, trucks and buses, the increase reaches 132%. In Ust-Kamenogorsk at the enterprise "Asia Auto" Was collected 15 012 auto (+ 60 %). To Kokshetau "KAMAZ Engineering" produced 440 trucks, Semipalatinsk SemAZ produced 271 trucks, Almaty Hyundai Trans Auto produced 194 units of equipment on account Daewoo Bus117 buses.

 

In terms of brands, it has significantly increased its share Hyundai, by order of the distributor of the Korean brand on "SaryarkaAvtoProm" was produced 6 972 car, this is almost 5 times more than in 2017. Car production increased threefold Kia - 2526 units Kostanaysky JAC increased by two and a half times - 1 144 auto, Chevrolet mainly due to model localization Niva at capacities "SaryarkaAvtoProm" twice (with 481 cars in 2017 to 1050 in 2018). Cars Lada collected at "Asia Auto" grew by 35% to 11 244 pieces.

Sales of locally produced cars themselves in October exceeded half; since the beginning of the year, Kazakhstanis have purchased a total of more than 23,6 thousand domestic cars, which is 48% of the market.

 

Anar MAKASHEVA,

Vice President of ACAB:

“According to our forecasts, the new car market by the end of the year will approach the 60 thousand mark, half of which will be domestically assembled cars. The situation with buses should improve in the near future. The state allocates money to finance legal entities and individual entrepreneurs who purchase buses on lease at 7% through DBK-Leasing JSC. In the first years, it is planned to renew about 700 buses. In the medium term, taking into account the revolving funding, the country’s bus fleet should be significantly updated.”

 

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Date: 16.11.2018