Business news from Ukraine

Business news from Ukraine

UKRAINIAN PARLIAMENT POSTPONES INTRODUCTION OF EURO 6 STANDARD FOR CARS

The Verkhovna Rada of Ukraine has postponed the introduction of the Euro 6 emission standard for cars during their production and import from 2020 until 2025.
Some 356 Members of Parliament voted in favor of bill No. 2078-1 as a whole with technical and legal amendments, while the minimum number of votes necessary for the adoption of the document was 226, according to an Interfax-Ukraine reporter.

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UKRAINIANS REGISTER 23,000 IMPORTED USED PASSENGER CARS IN SEPTEMBER

Ukrainians registered 23,000 imported used passenger cars in September, which is 3.2 times more than the registrations of new passenger cars in the same month, the Ukrautoprom association has reported.
Compared with September 2018 registrations of imported used passenger cars grew 2.3 times, and their share of the primary market grew from 60% to 76%.
The most popular car was Volkswagen Passat (1,460 cars registered). Renault Megane with 1,315 cars, and Skoda Octavia with 1,203 cars was third.
Volkswagen Golf with 912 registrations was fourth and Ford Focus with 789 used cars registered was fifth.
The association said that since the start of 2019, 321,600 imported used passenger cars have been registered in Ukraine, which is 4.5 times more than a year ago. The new passenger car market over the period was only 61,700 cars.
On September 12, 2019, the Verkhovna Rada repeatedly postponed the application of fines for owners of cars with foreign license plates for 90 days.

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AIS STARTS SELLING CHINA’S FAW GROUP BRAND CARS IN UKRAINE

AIS Group of Companies, an exclusive distributor of China’s FAW Group brand cars in Ukraine, plans start selling five models of cars under this brand in all categories (small tonnage, small commercial, medium tonnage and heavy tonnage vehicles) on Ukrainian market in the next few months of this year. As the company’s press release said, the start of sales was scheduled for October. A FAW B30 compact passenger sedan with a 1.6-liter petrol engine rated at 109 l/s with a 6-speed AISIN Japan’s automatic transmission will be the first model to sell.
It also planned to start selling a FAW X40 compact crossovers with a 1.6-liter petrol engine rated at 109 l/s with manual transmission.
“These models will be competitive to European, Korean, Chinese brands, which will be offered under the most affordable price,” the company said in its press release.
Besides, the company will offer a FAW Tiger VR small commercial vehicle with a carrying capacity of up to 1.5 tonnes with a 2.3-liter Weichai diesel engine with 110 l/s, with a reinforced frame and chassis, anti-lock braking system and power steering; and a FAW Tiger V medium tonnage truck with a load capacity of 4.7 tonnes with a 3.8-liter Cummins diesel engine with 139 l/s and ZF transmission.
“It is planned that a FAW Tiger model line will compete with GAZ commercial and cargo vehicles,” the Group said.
Moreover, by the end of the year market will see two modifications of large tonnage dump trucks FAW J6P 6х4 и FAW J6P 8х4 of wheel configuration, engine power 375 l/s and 390 l/s and a load capacity of 19 and 23.6 tonnes respectively.
Leading world leaders alike Bosch, Wabco, Sachs, ZF, Fast, Eisenmann, TRW, Tenneco and others are suppliers of the component parts for production of FAW cargo vehicles.
As reported, the AIS Group, a leading operator selling and servicing vehicles for business in Ukraine, signed an exclusive distribution agreement with China First Automotive Group Corporation (FAW).
Under the agreement, the AIS Group will present FAW trucks in Ukraine.
AIS group of companies, established in 1992, is the national network of auto centers and service stations, spares stores, a manufacturing enterprise, regional automobile warehouses and a logistics center for storage and distribution of spare parts, a customs and licensed warehouse, and a motor transport company.

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UKRAINIANS REGISTER 11,000 CARS WITH FOREIGN LICENSE PLATES IN ONE MONTH – FISCAL SERVICE

Ukrainians registered 11,000 cars with foreign license plates, which were registered in the temporary importation or transit regimes, in one month, the State Fiscal Service of Ukraine reported on its website on Thursday.
“From November 25 through December 26, 2018, citizens cleared 11,000 vehicles with foreign license plates, which have been imported to the customs territory of Ukraine since January 1, 2015 until the new rules of importation of these vehicles took effect,” the authority said.
Almost 9,600 out of cleared vehicles stayed in the country in violation of the Ukrainian legislation, the State Fiscal Service said.
On December 26, almost 1,400 vehicles were cleared.
As reported, Ukraine’s Verkhovna Rada passed bills cutting the excise duty on vehicles and toughening supervision over the movement and use of vehicles registered in other states. The preferential excise duty (with the 0.5 factor) was set for owners of cars with foreign licenses plates for clearing their vehicles within 90 calendar days.

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UKRAINE STOPS PROBE INTO IMPORTS OF UZBEK CARS

The interagency commission for international trade at a meeting on Monday decided to stop the countervailing investigation into imports of new passenger cars originated from Uzbekistan to Ukraine, the Economic Development and Trade Ministry of Ukraine has said in a press release. “During the investigation, the Embassy of Uzbekistan in Ukraine presented official explanations: according to the presidential decree No. pp-800 dated August 21, 2008 on the creation of an enterprise with foreign investment (CJSC general Motors Uzbekistan) benefits were provided to Uzbek manufacturers, which starting from 2018, are no longer valid,” the Economic Development and Trade Ministry said.
The Ministry of Foreign Trade of Uzbekistan also informed the commission that the main share of exports of Uzbek cars in Ukraine is accounted for small class A cars, which are not produced in Ukraine, the ministry said.
“Thus, the interagency commission for international trade found that the use of compensatory measures is not necessary, and also decided to stop the countervailing investigation regarding the import to Ukraine of passenger cars originating from Uzbekistan without the application of measures,” the Economic Development and Trade Ministry reported.

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PRIMARY REGISTRATIONS OF NEW PASSENGER CARS IN UKRAINE 11% UP IN AUG

Primary registrations of new passenger cars in August 2018 grew by 11% year-over-year and by 10% on July 2018, to 7,300 units, the Ukrautoprom association has reported. The leader of the market in August was France’s with a rise of 39% in sales year-over-year, to 986 cars. Toyota was second again with 983 cars (13% up).
Nissan climbed from fourth to third position in Aug (Skoda was third in July) with 498 cars (32% up).
KIA cars sales grew by 10%, to 477 cars. Hyundai, as in July, was fifth with 452 cars registered (45% more).
The top ten in August also included Skoda with 404 cars (1% up), Mazda with 315 cars (30% more), Volkswagen with 313 cars (40% down), Ford with 294 cars (20% up) and Suzuki with 277 cars (54% up).

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