Kazakhstan records decline in car production

In the first half of 2024, Kazakhstan produced 62,435 vehicles to the total amount of 814.4 billion tenge. This is 14.4% less than in the same period of 2023, Kazinform News Agency learned from the National Statistics Office.

The share of car manufacturing in the country’s machine-building sector remains at 40%.

Kazakhstan’s Automobile Union link this decline to uncontrolled grey import of used and new cars, which does not conform to the EAEU Technical Regulations, posing a threat to the country’s economic security and creating problems for consumers.

Last year, Kazakhstan sold nearly  200,000 cars, with 70% of them being home-produced ones.

In six months of 2024, 38,691 vehicles were assembled at Kostanay-based Allur Plant (-12.5% against 1H2023). Almaty-based Hyundai Trans Kazakhstan and Hyundai Trans Almaty produced 19,330 cars and commercial vehicles (-22.4%). Daewoo Bus Kazakhstan and SemAZ in Semey assembled 2,528 commercial vehicles (+17%). QazTehna in Karaganda produced 644 vehicles (+45%), while KAMAZ-Engineering in Kokshetau assembled 415 commercial vehicles (-24.8%).

Top-5 popular brands in January-June 2024 (including export) are Hyundai (19,155), Kia (12,967), Chevrolet (12,830), Jac (6,730) and Jetour (5,199).