...

Car production in Kazakhstan up by over 80%

Business Materials 23 October 2018 14:01 (UTC +04:00)

Baku, Azerbaijan, Oct. 23

By Rashid Shirinov – Trend:

As many as 22,709 vehicles worth 140.9 billion tenge were produced in Kazakhstan in January-September 2018, Chairman of the Board of KazAvtoProm (Kazakhstan Automobile Industry Enterprises' Union) Oleg Alferov said, according to Kazinform.

The output exceeded last year's figure by 70.3 percent, he noted.

Alferov added that for the first 9 months of this year, the production of cars increased by 82.6 percent, amounting to 21,137. As many as 63.2 percent of them accounted for AZIA AVTO JSC and 36.2 percent were produced by SaryarkaAvtoProm LLP.

He further noted that in September 2018, Kazakh enterprises produced 3,244 vehicles, which is 2.2 times higher than in the same period of 2017.

"Sales of domestic car plants reached 20,644 units since the beginning of the year, which is 58.2 percent more year-on-year. The market share of KazAvtoProm enterprises increased to 47.3 percent against 36.8 percent in the same period last year," Alferov said.

(365.49 KZT = 1 USD on October 23)

Tags:
Latest

Latest