Chinese Enterprises Boost Automotive Industry Development in Kazakhstan
2024-04-19 Source：www.chinabuses.org
Summarize：Following the acquisition and reorganization by Chinese automotive enterprises, Kazakhstan s largest automobile production and assembly enterprise, Arul Group, has seen continuous growth in production and sales in recent years, achieving impressive results
Following the acquisition and reorganization by Chinese automotive enterprises, Kazakhstan's largest automobile production and assembly enterprise, Arul Group, has seen continuous growth in production and sales in recent years, achieving impressive results.
From 2020 to 2023, the Group's annual automobile production has significantly increased from 40,000 to 90,000 vehicles, a trend worthy of attention. It's worth mentioning that Arul Group currently accounts for more than 60% of Kazakhstan's annual production of various types of vehicles, and its market share has stably remained above 40%, fully demonstrating the company's significant role in promoting the local automotive industry.
As early as May 2019, General Techniques China Vehicle teamed up with Anhui Jianghuai Automobile Group Co., Ltd. to jointly acquire Arul Group, a strategic move that has injected new vitality into Kazakhstan's automotive industry.
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