Business news from Ukraine

Business news from Ukraine

SALES OF NEW PASSENGER CARS IN UKRAINE IN JAN 2020 INCREASE BY THIRD

Sales of new passenger cars in January 2020 increased by a third compared to the first month of 2019, to 7,000 units, according to AUTO-Consulting. “January 2020 turned out to be very successful for car dealers. Almost all major automotive brands had two-digit growth, which gives reason to expect a very successful year,” the group said on its website.
Analysts of the group note the strengthening of the competition among brands in January 2020. Toyota was first, ahead of last year’s leader Renault, and its sales increased 81%, to 1,149 units.
Renault sales in January grew by 29%, to 1,045 units, which is slightly below the market, but allowed to stay in the lead and go beyond the 1,000 cars sold.
“Nissan has actively claimed its intention to become a leader. The Japanese brand increased sales in January by 25%, which allowed it to be third for the second month in a row,” the group said.
Skoda sales grew by 27%, to 437 units. This allowed the Czech brand dealers to bypass Kia, which closes the top five with a 9.7% increase in sales, to 430 units.
According to the analysts, Peugeot became the record holder for growth in the top 10 in January, having tripled sales, which allowed it to move to the eighth position from the 14th in January 2019 and occupy 4.6% of the market. Mitsubishi, which returned to the top 10, also noticeably increased its sales in January.
The first month of the year was also successful for Mercedes-Benz, which regained its status as a leader among premium brands: it increased sales by 53%, to 224 units.
According to AUTO-Consulting, the beginning of the year was also successful for Chinese brands: Chery increased sales by 66%, to 169 units, and the Haval brand grew seven-fold.

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UKRZALIZNYTSIA TO REPAIR 300-500 PASSENGER CARS IN 2020

JSC Ukrzaliznytsia (Kyiv) is considering the possibility of repairing 300-500 passenger cars in 2020 if the developed model of repairs is supported by the government, the company’s press service has reported, with reference to company head Yevhen Kravtsov.
“Ukrzaliznytsia has invented a model according to which in 2020 overhauls of up to 500 passenger cars could be carried out … According to experts, under the formula one car can be updated for UAH 1 million. For comparison: a completely new wagon costs UAH 25 million today, overhauls cost UAH 11-12 million,” the company said.
According to Kravtsov, the company receives most complaints about the quality of passenger cars because of old windows, worn toilets and heating systems.
“We found a model of how to make overhauls on these items with minimal resources. This is replacing windows with new double-glazed windows, replacing toilets and heating,” Kravtsov said.
He said that the possibility of repairing 300-500 cars is foreseen for 2020.
“If we can maintain such a pace, then in about three years we will forget about the problem of cars in the economy segment. I hope this initiative is supported at the government level, and we can start this program,” the head of Ukrzaliznytsia said.
As reported, Ukrzaliznytsia expects profit at the level of UAH 2.5-3 billion over 2019.
In 2018, Ukrzaliznytsia saw net profit rise by 78% compared to 2017, to UAH 203.9 million

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MARKET OF NEW PASSENGER CARS IN UKRAINE GROWS BY 8% IN 2019

The initial registration of new cars in Ukraine in 2019 increased by 8% compared to 2018, to almost 88,500 units, Ukrautoprom reports.
According to a press release on the association’s website, the market rose, despite the pressure exerted by the sharply increased imports of used cars and the legalization of cars with European registration.
As reported, with reference to data from Ukrautoprom, in 2018 the market of new passenger cars did not exceed the indicator of 2017, amounting to 81,800 units.
The leader in 2019 was the Renault brand with the registration of 14,603 cars (in 2018 it ranked second after Toyota with 8,722 cars), followed by Toyota with 12,570 registered cars (in 2018 it ranked first with 10,082 cars). KIA ranks third with 7,586 vehicles.
The top ten rating of 2019 also included Skoda with 6,231 cars, Nissan with 5,333 cars, Hyundai with 5,099 vehicles, Volkswagen with 4,675 cars, Suzuki with 2,614 cars, Mazda with 2,483 cars, and Peugeot with 2,366 cars.

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REGISTRATION OF NEW PASSENGER CARS IN UKRAINE 6% UP IN 11 MONTHS

The primary registration of new cars in Ukraine in January-November 2019 increased by 6% compared to the same period in 2018, to 79,300 units, the Ukrautoprom association has said.
As reported, in January-October the market for new passenger cars showed a 5% increase over the same period last year, in January-September it grew by 2%.
According to the association, in November Ukrainians purchased and registered 8,565 new cars, which is 17% more than last November, but 4% less than in October this year.
Renault retained leadership in November, doubling the November 2018 result to 1,751 registered cars. As in November last year, Toyota ranked second with an increase of 66%, to 1,254 cars.
KIA ranked third (in November 2018 it occupied the fourth position), increasing registrations by 21%, to 753 vehicles.
Volkswagen with a 50% increase (up to 581 cars) ranked fourth in the rating being seventh in November last year, and Skoda closes the top five leaders of the month, like last year, with 527 cars (8% less).
In addition, the top ten brands in November included Hyundai with 440 units (0.5% more), Nissan with 361 cars (47% less), Peugeot with 258 cars (40% more), Mitsubishi with 254 cars (24% more), and Suzuki with 250 vehicles (30% more).

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PRIMARY REGISTRATIONS OF PASSENGER CARS IN UKRAINE 8% UP IN MARCH

The primary registrations of passenger cars in Ukraine grew by 8% in March 2019 year-over-year, being 7,300 cars, the Ukrautoprom association has reported.
According to a posting on its website, as compared with February of the current year, registrations increased by 28%.
Renault remains the most popular brand, which registrations in March increased by 66% compared with March 2018, to 1,022 units, while Toyota, keeping the second position, lost 7% of last year’s result in March, with 835 cars sold.
KIA was third, having improved the sales compared with March 2018 by 3.2 times, to 710 registrations, and Skoda ranked fourth with an indicator of 589 cars sold and a 37% increase.
Nissan is fifth with 567 cars sold and an increase of 28%.

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