Business news from Ukraine

Business news from Ukraine

34,000 NEW MOTORCYCLES AND MOPEDS ARE SOLD IN UKRAINE IN 2019

Almost 34,000 new motorcycles and mopeds were sold in Ukraine in 2019, which is 1.5 times more than in 2018, AUTO-Consulting reports.
“The Ukrainian motorcycle market experienced a real “boom” in sales in 2019 and will surely go down in history as one of the most successful,” experts say.
For the second year in a row, the Musstang brand has been the market leader, which in 2019 increased sales by 62%, to 7,032 units, and occupied 20.6% of the motorcycle market compared to 19% in 2018.
Spark motorcycles, which were preferred by 14% of buyers in 2019, ranked second.
“A real struggle unfolded for the third position in 2019. As a result, Lifan became the bronze medalist, whose sales grew by 76% over the year,” the group said in a statement.
At the same time, according to AUTO-Consulting statistics, Lifan in 2018 ranked fifth in the rating with a share of 8.66%, and in 2019 its share rose to 10.21%.
Analysts also note a rapid increase in sales among such as brands Forte (the 4th place versus 8th a year earlier), Bajaj (the 7th place), and Loncin (the 8th versus the 10th).
The sales of famous brands also intensified in 2019: Honda became the leader among Japanese manufacturers. BMW Motorrad and Yamaha dealers also noticeably raised sales.

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