Business news from Ukraine

NEW CAR SALES IN UKRAINE GROWS 22% IN FEBUARY

1 March , 2018  

The sales of new cars in Ukraine in February grew by 22% compared to the same month in 2017, but decreased by 12% compared to January 2018, amounting to 5,800 units, AUTO-Consulting reports. “Nevertheless, over the two months the car market of Ukraine continues to demonstrate quite an impressive growth of 31%, but the demand structure has changed dramatically,” experts say.
In February, Volkswagen, which managed to get ahead of both Toyota and Renault, selling 815 cars, ranked first.
“Moreover, another brand of VW Group, Audi, climbed to the fourth place (from the ninth in January). Both brands posted a 40% rise in sales just over a month. In such an unexpected way the “dieselgate” influenced the Ukrainian market,” AUTO–Consulting said.
According to analysts, in February it became finally clear that the demand for low cost cars among private buyers is vanishingly small due to competition on the part of used car imports.
Similar statistics on car sales was released by the Ukrautoprom association, according to which the rise in sales was 21% from February 2017, to 5,900 vehicles.
Leadership was also given to Volkswagen, which ranked first due to the sale in Ukraine of diesel cars produced in 2015.