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Value of Kazakh manufactured cars increases by over 65%

Business Materials 20 August 2019 11:10 (UTC +04:00)

Baku, Azerbaijan, August 19

By Nargiz Sadikhova – Trend:

The number of vehicles manufactured in Kazakhstan in July 2019 equaled 4,064 pieces, which is 9.8 percent more than in June 2019, Trend reports with reference to the press office of The Association of Kazakhstan Automobile Business.

Thus, SaryarkaAuroProm, the only manufacturer-exporter of Kazakhstan has exported 694 JAC crossovers to Russia. Total volume of JAC cars exported to Russia since January 2019 equaled 1,219 vehicles worth 6.512 billion tenge.

“Total number of cars manufactured in Kazakhstan during first seven months of 2019 amounted to 24,687 vehicles. Some 22,280 vehicles account for passenger cars (+38.1 percent) and 1,196 vehicles account for trucks (+84.3 percent). During the reporting period Kazakh plants also manufactured 764 buses (+305.4 percent), 422 trailers and semi-trailers (+68.1 percent) and 35 vehicles of other specialized machinery," the news report said.

In turn, the value of the vehicles manufactured in July is equal 26.492 billion tenge, which is 12.1 percent less than during June 2019. However, the value of cars manufactured during January-July amounted to 171.339 billion tenge, which is also 65.1 percent more than during the same period of last year.

During seven months of 2019, the number of cars manufactured by SaryarkaAuroProm amounted to 9.314 passenger, cargo cars and buses worth 82.698 billion tenge, which is 58 percent more than during the same period of last year. It is also the highest indicators among other Kazakh manufacturers. ASIA AUTO plant manufactured 11.965 vehicles (increase of 36 percent) worth 56.502 billion tenge.

(1 USD = 386.8 KTZ on August 20)

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