Azernews.Az

By Kamila Aliyeva

Car production in Kazakhstan decreased by 14 percent in August, the Association of Kazakhstan's auto business reported.

In the last summer month, 2,219 vehicles of all types worth 13,959 billion tenge were produced, that is 14.2 percent less than in July. This is the most modest result for the last five months. Kazakh automakers against the background of currency fluctuations slowed down production.

Nevertheless, in January-August 2018, 19,465 units, including cars, trucks, buses, special equipment, trailers and semi-trailers totaling 117,753 billion tenge were produced in the territory of the republic. The volume of output exceeds the results of the same period of last year by 64.5 percent.

During the reporting period, six production sites of the country produced 18,206 passenger cars (+ 75.8 percent), 689 trucks (-6 percent), 200 buses (-53.6 percent), 107 other specialized equipment (-18.3 percent) and 263 trailers/semitrailers (+ 45.3 percent).

In January-August, Asia Auto, according to preliminary data, manufactured 11,540 cars, while SaryarkaAutoProm produced 6,830 units of equipment. Meanwhile, KAMAZ Engineering produced 340 trucks, and Hyundai Trans Auto - 151 units of equipment. At the same time, SemAZ and Daewoo Bus produced 186 and 82 units respectively.

Sales of domestic cars for eight months reached 18,000 units, which is 58.9 percent more in the previous year (11,330 units). The market share of “Made in Kazakhstan” cars has grown from 37.2 percent to 47.5 percent this year.

The top five most popular local cars in the reporting period are Lada (8,104), Hyundai (4,637), Kia (1,533), JAC (955) and Chevrolet (631). In 2018, 2,624 vehicles were issued on credit on a preferential state program.

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Kamila Aliyeva is AzerNews’ staff journalist, follow her on Twitter: @Kami_Aliyeva

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