Business news from Ukraine

UKRAINIAN CAR MARKET GROWTH ACCELERATES TO 44% IN JAN-AUG

6 September , 2016  

KYIV. Sept 6 (Interfax-Ukraine) – Sales of new passenger cars in Ukraine in January through August 2016 grew by 44% year-over-year, to 37,988 cars, AUTO-Consulting has reported.

“Taking into account active August that was not to show large sales in the previous years, the result of the car market in the first eight months looks good. The growth pace accelerates. This is a good sign before the start of the active autumn season,” the company’s experts said.

They said that despite a decline in business activity, 5,624 cars were sold in August. This was 58% up year-over-year.

Toyota returned its leading position in August (Volkswagen was first in July). Its market share was 12%. Renault was second with 9.9% market share and Ford was third thanks to a large batch of cars supplied for medical institutions in Kyiv (100 cars).

A decline in sales of Volkswagen car was recorded. It was fourth in August. Kia, Hyundai and ZAZ saw a rise in sales.

“Mazda dealers made a breakthrough. The Japanese brand managed to climb by four positions and enter top ten most popular brands,” AUTO-Consulting said.

Mercedes-Benz first this year was first, forcing BMW to the second position.

The Ukrautoprom association published sales statistics on its website. According to the association, the market grew by 63% in August on August 2015 and by 1.5% on July 2016, to 5,630 cars.

Some 15,959 new passenger cars were registered last summer (12,180 cars in summer 2015), the association said.

According to the Ukrautoprom, Toyota sold 678 cars (31% up year-over-year). Renault saw a 75% rise in sales, to 552. Ford posted a 2.5-fold rise in sales, to 423.

KIA Sportage was the most popular car (271).