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Automotive Industry In Russia. Results of 2019. Prospects

Automotive Industry In Russia. Results of 2019. Prospects

Exit date 02.06.2020

Format PDF, 55 стр.

Price 960 eur.

report contains information on automotive vehicle production in Russia, particularly passenger cars and commercial vehicles

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The car market of Kazakhstan grew by 38% in the first half of the year


Sales of new passenger cars and light commercial vehicles grew by 28.6% up to 5,369 units in Kazakhstan in June. For 6 months of 2018, the republic's residents bought 25,989 vehicles - more by 37.8% compared to the same period of the last year, according to the Union of Automobile Industry of Kazakhstan "KazAvtoProm."

The leader in the Kazakhstan car market in the first half of the year was the Russian brand LADA, which was sold in amount of 5,879 vehicles. The second place was taken by Japanese Toyota, the result of which was 5,599 units. The third position was kept by Hyundai – 3,398 buyers chose vehicles of this brand. The Uzbek brand Ravon is the next with an index of 1,709 sold units. The TOP- five of leaders is closed by the Russian GAZ, dealers of which sold 1310 vehilces in Kazakhstan.

Oleg Alferov, the Chairman of the Board of Directors of “KazAvtoProm”, noted that the main driver of growth is demand for Kazakh cars: their sales doubled in the first half of the year, while sales of imported vehicles grew only by 7.5%. "The dynamics of the market in the first half of the year exceeded significantly our expectations: the cumulative increase in sales approached 38%. Conservative scenario presupposed a rate of 25%. Today, a favorable macroeconomic background allows us to forecast the market growth at the year-end at the level of 35%," - said Mr. Alferov.

16.07.18 AA "AUTOSTAT"
Source: www.autostat.ru