Business news from Ukraine

Business news from Ukraine

SIX UKRAINIAN AUTOMOBILE PLANTS PRODUCE ONLY 675 VEHICLES IN APRIL 2018

Six Ukrainian automobile plants produced 675 vehicles in April 2018, which is 13% less than in March 2018, the Ukrautoprom association has said. According to preliminary data, production of vehicles compared with April 2017 grew by 8.7%. Eurocar, the Skoda car manufacturer, cut production in April by 10% compared with March 2018, to 615 cars. Production grew by almost 8% year-over-year. Eurocar was the only producer of passenger cars in Ukraine in April.
Bus production fell by 13% compared with March 2018, to 54, including three buses made by ZAZ, one each by Bogdan Corporation and Chernihiv Automobile Plant of Etalon Corporation. Chasiv Yar Plant made 14 buses, and Cherkasy Bus – 35.
Only six commercial vehicles were made – one at ZAZ and five at Cherkasy Bus, while in March 2018 a total of 62 vehicles were made and in February – 80.
AutoKrAZ did not provide information on its production figures.
The association said that in January-April 2018, vehicle production grew by 32.7% year-over-year, to 2,739. Passenger car output grew by 31%, to 2,383 (all made at Eurocar), bus production – by 16%, to 255, and commercial vehicle output (without figures of AutoKrAZ) fell by 34%, to 101.

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