Number of cars made in Kazakhstan exceeds previous by 50%, Association of Kazakhstan's Automobile Business says
Every fourth car manufactured in Kazakhstan was sold on the domestic market.
According to the Association of Kazakhstan's Automobile Business, following 2018 a 15% increase in the share of cars manufactured in Kazakhstan is forecasted compared to 2017, BNews.kz correspondent reports.
"Every fourth car manufactured in Kazakhstan was sold on the domestic market. in 2018 the number of production increases; following August the share of cars manufactured has increased by 50%. We forecast a 15% increase compared to 2017 by the end of 2018," said Vice President of the Association of Kazakhstan's Automobile Business Anar Makashev at the 6th Forum of Machine Builders of Kazakhstan.
She noted that compared to Russia the number of the cars manufactured by Russia has reached 1 million cars compared to 2017 in 8 months of 2018. In total, Russia's market sells about 1.5 million cars a year. Kazakhstan has another situation. Kazakhstan has started to sell the cars manufactured within the country since 2011.
"However, the currency upheavals in Russia (2014-2015) impeded the plans of Kazakhstan's machine builders on increasing volumes of the cars manufactured in Kazakhstan. And in 2017 we announced that the number of the cars manufactured reached 40% of the total number of new cars within Kazakhstan," said Makasheva.