Initial registrations of new passenger cars in Ukraine in July increased by 20% compared to the same month in 2023 and by 24% compared to June this year, amounting to about 6.4 thousand units, Ukravtoprom reported on its Telegram channel.
“This year, more cars were bought only in March,” the statement said.
As reported, in June 2024, according to Ukravtoprom, the market for new passenger cars moved to negative dynamics, decreasing by 8% by June 2023 and by 7% by May 2024 – to 5.2 thousand units.
According to the association, the leadership in July this year continues to be held by Japanese Toyota with 1024 cars registered (almost 5% less than in July 2023, but 20% more than in June 2024).
The second most popular brand, as in June, remains BMW, with a 15.2% increase in sales by June 2024 – up to 628 units. In July last year, the brand ranked fifth in the rating with 385 cars registered.
The third result was achieved by Renault, which improved its June-2024 result by 20.5% to 587 units. In July last year, it was second in the ranking with sales of 564 cars.
In addition, the top 5 in July included Skoda with 378 units registered (against 278 units a year earlier and 493 units a month earlier) and Volkswagen, whose registrations amounted to 334 units (525 units and 269 units, respectively).
According to Ukravtoprom, in January-July, more than 39.2 thousand new passenger cars were registered in Ukraine, which is 21% more than in the same period in 2023.
Experts attribute the revival in the new passenger car market in July primarily to the government’s initiative to tax buyers of new and used cars (including electric vehicles) with a 15% military duty when they first register in Ukraine, which led to an influx of buyers in car dealerships.
At the same time, they did not observe an abnormal rush and “emptying of car dealerships.”
AUTO-Consulting, an information and analytical group, also noted a jump in primary car registrations in July amid information about the intention to impose a military tax. According to the group, registrations of new cars increased by 20% by June 2024 to 6.04 thousand units (which is 14% more than in July 2023).
As reported, experts have expressed the opinion that the imposition of a 15% military tax could cause a collapse in car sales and lead to the loss of entire networks of official car dealers.
On June 18 this year, the Verkhovna Rada registered government bills on amendments to the state budget for 2024 on financial support for the security and defense sector (No. 11417) and amendments to the Tax Code and other laws on taxation during martial law (No. 11416). The latter provides, among other things, for a 15% military tax to be levied on car buyers when they first register their vehicles.
According to Ukravtoprom, in 2023, the first registrations of new passenger cars in Ukraine increased by 60.6% compared to 2022, to almost 61 thousand units, while AUTO-Consulting recorded a 62.4% increase in sales, to more than 65 thousand units.
Primary registrations of new passenger cars in Ukraine in January-May this year increased by a third compared to the same period in 2020, to 39,600 units, Ukrautoprom association has reported.
According to the association, including in May, primary registrations grew by 43% compared to the same month of 2020, to almost 8,500 units, which, according to the association, was the best May result over the past eight years (since 2013).
At the same time, compared to April of this year, sales decreased 15%.
The most popular brand of the month, as in May last year, was Toyota with an increase in registrations by 9%, to 1,122 cars, the second place was again taken by Renault with 1,067 registrations (a quarter more), Kia was in third place, which sold 629 cars (6% less).
The fourth position (as in the previous year) was taken by Skoda with a 116% increase by May 2020, to 624 cars. Nissan closes the top five with 415 cars (a rise of 158%), which in May last year occupied the 13th position (and Mercedes was in fifth place).
The top ten of the May market also includes: Chery with 411 cars (a rise of 240% and moved from the 16th position in May 2020); Hyundai with 409 cars (a rise of 62%); Volkswagen with 393 cars (a rise of 438% and a climb from 19th place); Mazda with 345 cars (a rise of 65%, but deterioration by 2 positions); Peugeot with 340 cars (a rise of 74%, in May 2020 it occupied the ninth position).
The bestseller of the month was the Toyota RAV-4 with 472 registrations.
In turn, according to data from the Auto-Consulting information and analytical group posted on its website on Tuesday, May sales of new passenger cars grew by 49% compared to May last year, to 8,714 cars (but decreased 10.7% compared with April 2021).
“Two brands are already consistently selling more than 1,100 cars a month, and half of the top ten go beyond the figure of more than 500 cars,” the analysts of the group said.
According to them, the five best-selling brands coincide with the rating of Ukrautoprom, while Toyota and Renault each took 13% of the Ukrainian market, Kia – 7.3%, Skoda – 7.23% and Nissan – almost 4.9% %.
The experts said that in the premium segment there is still a struggle for leadership among the brands of the German Big Three – in May Mercedes-Benz (275 cars), BMW (269 cars) and Audi (187) finished tightly again.
In general, according to the group, more than 39,734 new cars were sold in January-May 2021, which is 34% more than a year earlier.
“The upward trend of the Ukrainian car market is already the third month in a row, which gives reason to expect very good indicators for the year,” Auto-Consulting said.
The initial registration of new passenger cars in Ukraine in June this year increased by 12% from June 2019, to 7,300 units, the Ukrautoprom association reports.
At the same time, compared with May of this year, the demand for passenger cars increased by 21.7%.
Taking into account the June registrations in the first half of the year, the market for new passenger cars slowed down the decline to 4% compared to the same period last year (in January-May the market decreased by 7%), while registrations amounted to 37,100 units.
In June, Renault became the best-selling brand, pushing Toyota, the leader of May 2020 and June 2019, to the second position, its primary registrations grew by 19% from June 2019, to 1,155 units.
Toyota registrations decreased by 4%, to 1,049 units, and Kia retained the third position with an increase of 39%, to 677 units.
The fourth place (compared with the sixth one in June 2019) belongs to Skoda, which has 481 cars and a 29% growth, and Hyundai ranked fifth with 398 vehicles (up by 4%).
The ten most popular brands included Peugeot with 328 cars (30% more), Mercedes-Benz with 286 units (51% more), Suzuki with 277 units (5% more), Nissan with 232 units (44% less), and Mazda with 231 units (24% more).The best-selling car of June was KIA Sportage with 584 cars bought.
