Business news from Ukraine

Business news from Ukraine

Demand for new commercial vehicles in Ukraine grew by almost 40% in July

4 August , 2022  

Primary registrations of new commercial vehicles (including trucks and special vehicles) in Ukraine in July increased by 38% compared to June of this year, to 593 units, Ukravtoprom reports.
According to a message on the Association’s Telegram channel, at the same time, compared to July last year, the market has decreased by 65%.
As reported, in June this year, this market decreased by 7% by May 2022 and by 3.4 times by June 2021 to 429 units.
According to Ukravtoprom, Volkswagen showed the best result in July with the registration of 66 cars (in July last year, the brand was in fifth place in the rating with 110 cars, in May 2022 it sold only 45 cars).
Second place belongs to Volvo – 65 registrations, third – to MAN with 64 cars.
Renault, the leader of last year’s July and May of this year, dropped to fourth position with 45 cars (against 417 a year earlier), and Hyundai closes the TOP-5, in the standings of which there are 43 cars.
According to Ukravtoprom, in January-July 2022, 3.8 thousand new commercial vehicles were registered in Ukraine, which is 2.2 times less than in the same period last year.
In turn, the AUTO-Consulting information and analytical group, analyzing separately the market for light commercial vehicles (gross weight up to 3.5 tons) and the truck market, notes that the first in July sharply (by 81%) decreased by July last year – to 289 units ., while the second “demonstrated record sales.”
In a message on the website, experts note that the position of the new market leader in light commercial vehicles (LCV) Volkswagen is significantly strengthening – in July it occupied 25% of this market segment with sales growth of 55% by July 2021.
Hyundai came in second place, ahead of Renault by one car.
At the same time, according to the group’s assessment, after the departure of Belarusian MAZ and Russian KAMAZ, the market for heavy-duty vehicles began to transform and European trucks seized the leadership.
In particular, Volvo Trucks became the leader with a share of 18.8%, MAN became the second with a share of 18.5%, and Scania was the third.
“In general, over seven months, the truck market in Ukraine decreased by 43.6%, but in July it was possible to minimize the fall to 33.6%. The market is recovering and recovering and showing the best recovery rates among the entire car market,” AUTO-Consulting notes.

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