Kazakhstan's motor vehicle production surges 4% in Q1 2024 - Kazakhstan Automobile Union
ASTANA. April 19 (Interfax) - Kazakhstan manufactured 33,021 motor vehicles in Q1 2024, a 4% increase from the previous year, the Kazakhstan Automobile Union said.
The value of the vehicles produced reached 420.9 billion tenge during the period, up 14.1% from the year before. The automotive sector represented 43% of the mechanical engineering industry's output.
Passenger car production reached 30,696 cars in Q1, a 6.7% increase YoY. Production of trucks decreased 42.3% to 1,356 units, while buses surged 58.6% to 633 units. Production of other vehicle types during the period included 206 trailers and semi-trailers, as well as 130 units of special equipment.
The Kostanay Allur plant produced 20,772 units (up by 13.5%) in Q1, while Almaty Hyundai Trans Kazakhstan manufactured 10,026 units (down 12.9%). Semaz in Semey saw a 12.6% increase, producing 1,070 commercial vehicles. QazTehna in Karaganda region manufactured 335 units of equipment, a 34% increase. Kamaz-Engineering in Kokshetau produced 247 commercial vehicles, a 7.5% decrease. Uralskagroremmash in Uralsk produced 23 units of equipment.
The top five most popular makes in Q1 2024 (including exports) were Hyundai (9,934), Chevrolet (7,249), Kia (6,278), Jac (4,273), and Jetour (2,779). In terms of models, Chevrolet Cobalt took the lead with 6,321 vehicles, followed closely by Hyundai Tucson at 5,928 units produced. Kia Sportage followed with 2,539, while Jetour X70 and Jac J7 also performed well, reaching 2,406 and 2,273 cars, respectively.
The Kazakhstan Automobile Union is a non-profit organization established in Astana on July 21, 2023, which includes the Association of Automobile Manufacturers, the Association of Automotive Component Manufacturers, the Association of Public Transport, the Association of Importers, the Association of Dealers, the Association for the Sale of Used Cars, and the Association of Auto Experts and Auditors.
As of April 19, the official exchange rate is 447.4 tenge/$1.