Kazakhstan sees decline in car manufacturing
The car manufacturing dropped by 84.3 percent in Kazakhstan in January-April 2016, as compared to the same period in 2015 and stood at 978 cars, the country's Statistics Committee reported on May 18.
During the reporting period, the truck manufacturing increased by 17.4 percent and totalled 432 trucks in Kazakhstan.
Three large car plants - AZIA AVTO, SaryarkaAvtoProm and Agromashholding - operate in Kazakhstan. These plants manufacture Kia, Chevrolet, Skoda, Hyundai, SsangYong, Peugeot and other car brands.
Kazakhstan manufactured 12,450 cars and 1,660 trucks in 2015.
This is while the demand for new cars continued to decline in Kazakhstan in 2016, according to the Association of Kazakhstan Auto Business.
Official dealerships sold 10,564 cars in the first quarter of 2016, or 67 percent less than in the same period in 2015.
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