Business news from Ukraine

Business news from Ukraine

CAR PRODUCTION IN UKRAINE IN NOV GOES DOWN BY 17%

10 December , 2021  

Production of vehicles in Ukraine in November of this year decreased by 17% compared to the same month of 2020 – to 531 units, in particular 16.5% less cars were produced – 455 units, Ukrautoprom said.
As reported, in November last year, Zaporizhia Automobile Plant already produced passenger cars – 234 of them were produced, another 311 cars were produced by Eurocar.
According to a report on the association’s website, compared to October of this year, car production increased by 82%, in particular production of passenger cars more than doubled.
Ten commercial vehicles (excluding AvtoKrAZ products) were produced in November – one more than in November 2020 and seven units more than in October this year.
At the same time, production of buses turned to negative dynamics, having decreased by 21% from November last year and by a quarter from October this year – to 66 units.
According to the Ukrautoprom data, in total in January-November 7,533 vehicles were produced in Ukraine, which is 70% more than in the same period last year, but the growth is maintained due to the low comparative base of the last year, when ZAZ did not produce passenger cars until September.
Production of passenger cars increased by 81% – up to 6,792 units, commercial ones decreased by 18% – to 37 units, and production of buses increased by 12% – up to 704 units.
As reported, in 2020, auto production in Ukraine decreased by 32% compared to 2019 – to 4,952 units, while the capacities created in the country allow the production of 400,000 vehicles annually.
At the same time, production of passenger cars fell by 33% – to 4,202 units, commercial by 63% – to 51 units, buses by 20% – to 699 units.