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Share of vehicles manufacturing up in Kazakhstan

Business Materials 29 March 2021 17:13 (UTC +04:00)
Share of vehicles manufacturing up in Kazakhstan

BAKU, Azerbaijan, Mar. 29

By Nargiz Sadikhova - Trend:

The share of vehicle manufacturing in the overall output of Kazakhstan’s mechanical engineering sector has increased from 26.3 percent in 2019 to 33.4 percent in 2020, Trend reports citing Kazakhstan’s Ministry of Industry and Infrastructural Development.

Kazakhstan has manufactured over 75,000 vehicles in 2020, which includes vehicles of all types (cars, trucks, buses, special equipment).

The share of the vehicles manufacturing in the overall manufacturing industry also increased to 4.6 percent in 2020 compared to 3.2 percent in 2019.

Some 8,122 cars were also exported to the neighboring countries, which is three times more than in 2019. Hyundai, Chevrolet and JAC cars of local assembly are in high demand in Russia, Uzbekistan, Belarus and Kyrgyzstan.

In addition, Kazakhs purchased over 93,000 vehicles in 2020, which is 25 percent more than last year (75,156). At the same time, two out of three purchased cars in the country are of domestic production.

The most popular brands were Hyundai, Chevrolet and Toyota.

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