Over 210 bln tenge spent for new cars in Kazakhstan for a half a year - News | BNews

Over 210 bln tenge spent for new cars in Kazakhstan for a half a year

16 July, 09:59 146
Over 210 bln tenge spent for new cars in Kazakhstan for a half a year

Following the result of the first half of 2018 year Kazakhstani people  bought more than 26 thousand of new light vehicles worth 214.3 billion tenge.

According to the results of six months, Kazakhstanis spent 214.3 billion tenge (653.3 million dollars) for a purchase of new cars, which is 43% higher than in 2017, reports BNews.kz correspondent reports, referring to the union of enterprises of the automobile industry of Kazakhstan KazAvtoProm.

13 752 cars were imported and 12 237 people decided to support national car manufacturers. Lada is the leader among the most popular cars according to the results of the first half of the year.

5 879 cars of the Russian brand have been sold for January -June 2018. Sales of Toyota models amounted to 5 599 units. The third position was occupied by Hyundai with the figure of 3 398 units. Ravon and GAZ bottom the five leaders.  As for the TOP-10 most successful brands it should be noted such brands as KIA, Nissan, Renault, JAC, and Volkswagen are included in this count.  Toyota Camry, Lada Granta, and Lada 4x4 off-road cars take the leading positions in the rating of the light vehicles. Ravon Nexia and Hyundai Tucson, Hyundai Accent bottom the top-five.

Residents of Almaty, Astana, Atyrau, Kostanay, Karaganda, Shymkent, Ust-Kamenogorsk, Uralsk, Aktau and Pavlodar cities prevailed among the number of the buyers.

Chairman of the Board of Directors of the Union of Enterprises of the Automotive Industry of Kazakhstan KazAvtoProm Oleg Alferov noted the past three months have become the most productive period since the beginning of 2016. In June, for the first time in a year and a half, the monthly sales of dealers overcame the threshold of 5 000 cars sold.

On the background of oil prices which overcame 70-dollar level in the second quarter and a stable 4% GDP growth effective demand in the automotive market continued to recover. Expenses of Kazakhstanis to buy new cars in June reached a three-year maximum of 49 billion tenge, or 146 million dollars. The main driver of growth is the demand for cars manufactured in Kazakhstan: their sales for the half of the year doubled, while the sales of imported cars grew by only 7.5 %

Moreover, Alferov stressed that the dynamics of the market in the first half of the year significantly exceeded the expectations: the cumulative increase in sales approached 38%. Conservative scenario presupposed a rate of 25%. Today, a favorable macroeconomic background allows us to forecast market growth at the year-end at 35%.

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