Which Cars Are Kazakhstani Citizens Buying? March Market Analysis
Photo Author: shutterstock.com
According to data from the Kazakhstan Automobile Union (KAU), the country's automotive market is showing signs of stabilization following a dip in sales figures during February.
In March of this year, official dealers sold 17,099 new passenger and commercial vehicles. Although this is 12.9% less than the same period last year, experts note that market demand is beginning to normalize.
Competition among brands has intensified significantly, leading to a redistribution of market shares:
• Hyundai maintained its status as the market leader with 3,192 vehicles sold.
• Kia climbed to second place with 2,317 units sold.
• Chevrolet rounded out the top three with 2,142 vehicles.
• Changan secured the fourth position, reaching a sales volume of 1,766 units.
Significant growth in sales was also demonstrated by the following brands:
• Chery – 1,270
• Haval – 1,227
• Jetour – 850
• Toyota – 581
• Jac – 451
• Geely – 428
The Top 10 Most Popular Models:
1. Chevrolet Cobalt – 1,965
2. Hyundai Tucson – 1,516
3. Kia Sportage – 841
4. Changan CS55 Plus – 798
5. Haval Jolion – 683
6. Chery Tiggo 7 – 565
7. Hyundai Elantra – 561
8. Changan CS35 Max – 513
9. Hyundai Mufasa – 440
10. Kia Soluto – 416
According to President of the Kazakhstan Automobile Union, a process of supply adjustment is underway in line with market dynamics. The annual market forecast is expected to be further clarified in the second quarter, as consumer activity traditionally increases during this period.
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