Business news from Ukraine

Business news from Ukraine

Truck market grew by 70% in 9 months – AUTO-Consulting

The truck market in Ukraine in January-September of this year increased by 70% compared to the same period in 2022 – up to 3.5 thousand units, in particular, in September the increase was 72%, according to the information and analytical group AUTO-Consulting.

“The positive news for the truck market in September is the strong demand for most segments of vehicles. Trucks were actively bought, ordered and received. Therefore, the result of 72% was quite natural. In addition, the business continues to rebuild its logistics and expand its own fleet,” the company said in a statement on its website on Tuesday.

At the same time, it is stated that growth is recorded by almost all operators, “but it is already becoming clear that a new leader of the Ukrainian truck market has taken the place of MAZ and KAMAZ.”

AUTO-Consulting notes that Swedish Scania has been leading in sales for four months in a row with a strong lead over its competitors.

“In September, Scania took 23.4% of the Ukrainian market, and 38% in the segment over 16 tons. In fact, we can say that it was Scania that took the market share of MAZ and KAMAZ, which are deprived of access to the Ukrainian market,” the report says.

Experts also note an almost threefold increase in sales compared to last year for MAN and Iveco, as well as active sales of DAF and Ford Tucks.

“Peugeot, Renault and Ford have begun to develop new segments, increasingly offering their vehicles instead of GAZ and Chinese manufacturers. Tractors and dump trucks are the top sellers, but many interesting projects are being implemented in the utilities and energy sectors. And here is a great merit of Ukrainian manufacturers of superstructures, who are actively experimenting with new chassis,” the experts say.

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