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Car output greatly drops in Kazakhstan

Business Materials 16 August 2016 12:15 (UTC +04:00)

Baku, Azerbaijan, Aug. 15

By Elena Kosolapova – Trend:

Car output dropped by 48.9 percent in Kazakhstan in January-July 2016 as compared to the same period of 2015, and stood at 4,321 cars, said the Kazakh Statistics Committee.

Minibus production decreased by 24.8 percent and stood at 85 minibuses during the period.

Truck production in Kazakhstan increased by 13.6 percent and totaled 887 trucks in the period.

Meanwhile, in July, car output in Kazakhstan increased by 32.7 percent as compared to 1,238 cars in June.

Three large car plants - AZIA AVTO, SaryarkaAvtoProm and Agromashholding - operate in Kazakhstan. These plants manufacture Kia, Chevrolet, Skoda, Hyundai, SsangYong, Peugeot and cars of other brands. Kazakhstan produced 12,450 cars and 1,660 trucks in 2015.

Meanwhile, the demand for new cars continued to decline in Kazakhstan in 2016, according to the Association of Kazakhstan Auto Business.

In 1H 2016, official dealers sold 21,964 cars as compared to 53,251 cars in the same period 2015.

The sales of official dealers in Kazakhstan dropped by 40.4 percent in 2015 as compared to 2014, and stood at 97,450 cars.

Edited by EA

Follow the author on Twitter:@E_Kosolapova

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