News

Automotive Market in CIS

24.12.2014 / Production of trucks KAMAZ will be launched in Azerbaijan

Russian Automotive Market Research

KAMAZ JSC and the Production Association «Ganja Automobile Plant» (Azerbaijan) signed a number of agreements for the assembly of vehicles KAMAZ on the territory of Azerbaijan.

One of agreements provides for the delivery of vehicle sets of trucks KAMAZ for the further assembly on site of the Azerbaijan enterprise. Another signed document was a license agreement between KAMAZ and Ganja Automobile Plant for the assembly of trucks KAMAZ-43114, 4326, 43118, 65115, 65117 and 6520 of vehicle sets.

It is expected that the assembly of trucks KAMAZ in Azerbaijan will begin in the first half of the next year. Production volumes will be determined in the near future.


19.12.2014 / Sales of cars in Kazakhstan decreased almost by 20%

Russian Automotive Market Research

According to Association of the Kazakhstan Car Business, sales of cars and LCVs decreased by 19.7% to 12627 units in November 2014. Following the results of eleven months of 2014 the automotive market of Kazakhstan increased by 0.3% and amounted to 139520 cars.

The absolute leader in the Kazakhstan market is a brand Lada, which share last month was 29.6% of sales of cars in Kazakhstan - 3738 cars (-37.2%). KIA, which sales increased by 29.6% and made 1416 cars, remains on the second place. Daewoo is on the third place - cars of the Korean brand were sold in number of 1300 units (+10.8%). The fourth result was shown by Hyundai - 1092 cars, which is a 4.6% decrease on the previous year. Toyota with a figure of 931 sold cars (-22.4%) rounds out the top five.


16.12.2014 / GAZ vehicles entered the market of Georgia

Russian Automotive Market Research

GAZ Group launched sales of GAZ vehicles, including GAZelle Next and GAZon Next, in Georgia.

At the sales launch event the base versions of new vehicles, including the cargo and passenger/cargo versions, 19-seat frame buses, as well as different versions of special purpose vehicles based on GAZ chassis were presented to customers.

Light commercial vehicles GAZelle Next will be supplied to Georgia either with Cummins ISF 2.8 diesel engines or with EvoTech 2.7 gasoline engines, medium-duty trucks GAZon Next will be supplied with YAMZ-534 diesel engines. Vehicles, sales of which were launched in Georgia, also include GAZelle Business, Sobol Business (including all wheel drive versions), GAZ-3309, Sadko GAZ-3308.


02.12.2014 / Only two participants are involved in the project on construction of a plant in Ust-Kamenogorsk

Russian Automotive Market Research

The JV Asia Avto Kazakhstan, established for the construction of the full-cycle automobile plant with capacity of 120 thousand cars per year and value of about 500 million dollars in Ust-Kamenogorsk, will include two members instead of three as initially planned. Social-Entrepreneurship Corporation Ертiс, which was to receive 25% minus 2 shares in JV, withdrew from the project.

This shareholder represents a company of the quasi-public sector and in accordance with changes in Kazakhstan legislation its participation in JV capital blocks up the access to a number of investment preferences. In June 2014 amendments to the law «On investments» were adopted, according to them, on the one hand, extent of the state support expands, and on the other one, these measures become inaccessible for state-owned companies.