Business news from Ukraine

Business news from Ukraine

Market of new commercial vehicles in Ukraine grew by 6% – Ukravtoprom

7 October , 2024  

The volume of registrations of new commercial vehicles (trucks and special vehicles) in September 2024 increased by 6% compared to the same month in 2023, to 1068 thousand units, which is 1% (or 15 vehicles) less than in August this year, Ukravtoprom reported in its telegram channel.
According to the report, last month, Renault retained its leadership in the market with 280 units (in September 2023, it was the leader with 214 units), Ford took second place with 135 units (in September last year, the brand was third in the ranking with 98 units), and Citroen took third place with 101 units (12th place with 33 units).
The top five also includes MAN (79 units) and Scania (66 units), which in September last year respectively occupied the sixth (60 units) and second (106 units) lines of the rating.
According to Ukravtoprom, in January-September, more than 9.3 thousand new trucks were added to the Ukrainian fleet of trucks and special vehicles, which is 15% more than in the same period last year.
At the same time, AUTO-Consulting, an information and analytical group, analyzing the segment of trucks with a gross vehicle weight of more than 3.5 tons in September, notes its “strong growth” in contrast to the passenger car market.
“Dealers managed to improve their sales by 20% year-on-year. Therefore, the heavy equipment market has entered the new business season with good dynamics,” the group’s website states.
The leader was MAN with a 75% increase in sales, followed by Ford, which increased sales by 43%, and Scania, which slightly reduced sales in September.
Analysts note an increase in sales of Renault trucks by almost 2.7 times, Iveco – by 40%.
According to AUTO-Consulting, the truck market grew by 10% in January-September and “overcame the crisis.”
“The number of special vehicles produced by Ukrainian companies is unprecedented. And if the program to reimburse 15% of the cost of wheeled vehicles with Ukrainian localization is launched, it will contribute to further growth,” the report states.
As reported, in 2023, according to Ukravtoprom, the volume of new commercial vehicle registrations in Ukraine increased by 65% compared to 2022 – up to 11.3 thousand units. At the same time, the segment of trucks over 3.5 tons, according to AUTO-Consulting, increased by 56.5% to 4853 units.

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