Business news from Ukraine

Demand for premium brands of new cars grows in Ukraine

1 March , 2023  

Sales of new passenger cars in February this year more than halved compared to the same month in 2022, amounting to slightly more than 2.7 thousand units, Ukravtoprom reported in Telegram channel.
According to the association, compared to January of this year, the market for new passenger cars has decreased by 8%.
Toyota showed the best result of the month (as in February 2022), having increased sales by 50% in February 2022 – to 351 cars, and Volkswagen was second with a 9% drop in sales – to 255, but rose from seventh place in last February.
At the same time, the premium brand BMW has “stormed” into the top three, adding 65% to its sales to 221 cars. In February 2022, the brand was 12th in the ranking with sales of 173 cars.
The fourth result was shown by two brands – Mercedes-Benz and Hyundai (211 cars each), but if Korean brand lagged behind last year’s figure by 38%, Mercedes-Benz increased sales by 17%, according to Ukravtoprom.
According to Ukravtoprom in February 2022, these brands were ranked tenth (Mercedes-Benz) and fifth (Hyundai ) in the ranking of new passenger cars.
Renault – 201 units (-69%), which was the second in February 2023, closes the top five.
At the same time crossover Renault Duster remains the best seller of the month in the Ukrainian market of new passenger cars, which has 174 registrations.
“Ukravtoprom” notes that in January-February 2023, domestic car fleet added 5.7 thousand new cars, which is 47% less than during the same period in 2022.
As reported, in 2022, according to Ukravtoprom, Ukrainians registered 37.9 thousand new cars – 63% less than in 2021, and this result is the lowest since the beginning of the century.

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