Kazakhstan increase production of cars

Kazakhstan has increased the production of cars by a quarter over the past year, the Kazinform agency reported.

Car production in Kazakhstan grew by 25% year-on-year, in China output growth was only 5%, in South Korea – less than 2%, while Japanese and British automakers are in the red.

The automotive industry in Kazakhstan as a whole is going through hard times: the protracted pandemic and subsequent lockdowns, the acute shortage of semiconductors and the general destruction of global supply chains have affected. Then the geopolitical crisis added problems, which finished off the supply chains of components and raw materials, including those necessary for the automotive industry, the portal writes.

However, the crisis did not affect the auto industry of Kazakhstan so much: for example, in January-August of this year, 68.6 thousand cars were produced in the country, which is immediately 24.7% more compared to the same period last year.

According to Automotive Industry Portal MarkLines analysts, in comparison with many auto-producing countries, Kazakhstan occupies a leading position in the growth of car production in the world.

Growth in car production was noted in such ASEAN countries as Malaysia and Indonesia – by 70.3% and 31.5%, respectively.

In China, production grew only by 4.9% over the same period, while in the United States – by 7.4%. Moreover, if in Germany the production of cars grew, albeit only by 3.4%, and in South Korea – only by 1.7%, then in countries such as the UK and Japan, production decreased noticeably – by 9% and 9% and 9.7% respectively.

Photo: Kazinform

inozPRESS.kg,
Oct. 19, 2022