Business news from Ukraine

Business news from Ukraine

Demand for new passenger cars doubled in Ukraine

2 September , 2023  

Registrations of new passenger cars in Ukraine in August this year almost doubled compared to August last year – up to 5.8 thousand units, which is also 9% more than in July this year, reported “Ukravtoprom” on its website.

The first place is held by Toyota with an increase in registrations by 49% to August-2022 – up to 1118 units, and the second place, having pushed away Renault, was taken by Volkswagen, whose registrations increased almost fourfold – up to 611 units.

Renault registrations increased 2.4 times by August-2023, up to 501 units.

BMW with a 2.2-fold increase in registrations to 433 units and Skoda with 394 cars (almost 2.5 times more) also made it to the top 5 of the month.

The bestseller of the Ukrainian market of new passenger cars is a compact crossover Renault Duster, which was chosen by 473 buyers in August.

According to “Ukravtoprom”, a total of 38.1 thousand new passenger cars were registered in Ukraine in January-August, which is 56% more than in the same period of 2022.

At the same time, information and analytical group AUTO-Consulting, analyzing car sales in August on its website, notes a “record figure” – 6153 cars, which is 92% more than in August-2022 and 16.5% more than in July this year.

“The main thing is that the Ukrainian car market has been growing for six months in a row, and August sales were better than the last 19 months. So the Ukrainian car market is approaching the new business season in a very good condition and on the rise”, – experts state, noting that the growth was recorded by almost all market operators.