Business news from Ukraine

Business news from Ukraine

Market of new commercial vehicles in Ukraine grew by 18% – Ukravtoprom

5 June , 2024  

Registrations of new commercial vehicles (trucks and special vehicles) in May 2024 increased by 18% compared to the same month in 2023 – up to 1127 units, which is also 7% more than in April, Ukravtoprom reports in its telegram channel.

According to the report, the top five brands in the new commercial vehicle market last month were Renault – 305 units, Citroen – 115 units, MAN – 92 units, Ford – 86 units, and Iveco – 53 units. At the same time, the top five did not include Scania, which ranked second in April.

As reported with reference to Ukravtoprom data, in May last year, 955 trucks and special vehicles were sold in Ukraine, compared to 460 in the same month in 2022. The top five leaders were Renault (327 units), Volkswagen (81 units), Mercedes-Benz (66 units), Citroen (66 units), and Peugeot (52 units).

According to the association, in January-May 2024, more than 5 thousand new vehicles joined the Ukrainian fleet of trucks and special vehicles, which is 22% more than in the same period last year.

At the same time, AUTO-Consulting, an information and analytical group, analyzing the segment of trucks with a gross vehicle weight of more than 3.5 tons, noted on its website that in May it sent a positive signal – sales increased by 19% by May 2023, to more than 400 units, which made it possible to move to a small (5%) increase in this market segment in five months.

At the same time, the leader has changed – instead of Scania (as of April), it is MAN with a 21% increase in sales, and Volvo, which increased sales by 71%, took second place. Ford Trucks came in third.

Isuzu, as well as a number of Chinese brands, started to increase sales: Howo, DongFeng, JAC.

AUTO-Consulting also analyzed sales in the business car segment, which has always been a litmus test of sentiment in the economically active part of society.

Thus, according to experts, in May, the volume of deliveries of LCVs (gross vehicle weight up to 3.5 tons) decreased by 2.9% compared to the same month last year, but in January-May the market still shows a 22% increase.

It is noted that there is no sharp increase in demand for electric vans – only six units were purchased in May (compared to two in May 2023), but this is less than 1% of the new LCV market.

Renault became the segment leader with a 38% share.

As reported, in 2023, according to Ukravtoprom, registrations of new commercial vehicles in Ukraine increased by 65% compared to 2022 – to 11.3 thousand units. At the same time, the segment of trucks over 3.5 tons, according to AUTO-Consulting, increased by 56.5% – to 4853 units.

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