Just Released: "Kazakhstan & Uzbekistan Autos Report 2013"
Looking at trends in 2012, vehicle sales for the first nine months totalled 64,909 units, an increase of 123.3% y-o-y. This growth reflects the robust nature of the Kazakh economy (with BMI targeting 5.3% GDP growth for 2012, rising to 5.8% in 2013 on the back of stronger agricultural and commodity exports), supported by high levels of private consumption. Moving forward, BMI believes that the opening of the massive Kashagan oil field, scheduled for H113, should prove transformative for the...
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