Business news from Ukraine


15 January , 2020  

Almost 34,000 new motorcycles and mopeds were sold in Ukraine in 2019, which is 1.5 times more than in 2018, AUTO-Consulting reports.
“The Ukrainian motorcycle market experienced a real “boom” in sales in 2019 and will surely go down in history as one of the most successful,” experts say.
For the second year in a row, the Musstang brand has been the market leader, which in 2019 increased sales by 62%, to 7,032 units, and occupied 20.6% of the motorcycle market compared to 19% in 2018.
Spark motorcycles, which were preferred by 14% of buyers in 2019, ranked second.
“A real struggle unfolded for the third position in 2019. As a result, Lifan became the bronze medalist, whose sales grew by 76% over the year,” the group said in a statement.
At the same time, according to AUTO-Consulting statistics, Lifan in 2018 ranked fifth in the rating with a share of 8.66%, and in 2019 its share rose to 10.21%.
Analysts also note a rapid increase in sales among such as brands Forte (the 4th place versus 8th a year earlier), Bajaj (the 7th place), and Loncin (the 8th versus the 10th).
The sales of famous brands also intensified in 2019: Honda became the leader among Japanese manufacturers. BMW Motorrad and Yamaha dealers also noticeably raised sales.