Business news from Ukraine

NEW PASSENGER CAR MARKET EXPANDS BY 2% IN UKRAINE

Primary registrations of new passenger cars in Ukraine in January-August 2019 grew by 2% year-over-year, to 54,600, the Ukrautoprom association has reported.
Sales growth in August of this year by 12.5% compared to August of 2018, to 8,300 cars, contributed to the positive pace over the January-August period.
“This is the best result for the domestic market over the past 19 months,” the association said.
The leader of August – Renault – improved the result of the same month by 44% to 1,422 cars, Toyota ranked second, registrations of which grew by 20% to 1,175 cars, and the KIA brand moved up to the third position with sales growth of 71%, up to 817 cars.
Skoda was fourth with 601 cars sold (a rise of 49%), and Nissan maintained fifth position despite a 5% drop in sales (to 472 cars).
Ukrautoprom said that over the past summer season in Ukraine, 22,400 new passenger cars were registered.
Meanwhile, the AUTO-Consulting information and analytical group, analyzing car sales last month, said that sales growth amounted to 6.3%, to 8,200 cars, even compared to the successful July of 2019, and compared to August 2018, they grew by 19.8%.
The top three of the month at AUTO-Consulting coincides with Ukrautoprom’s, and the group’s sensation of the month is Peugeot’s breakthrough in eighth place (11th in July), with a 25.4% increase in sales, to 247 vehicles compared with July 2019.

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RENAULT PLANS TO KEEP 15% SHARE OF UKRAINIAN CAR MARKET IN 2019

The sales of Renault cars, the leader of the Ukrainian market of passenger cars and light commercial vehicles, increased by 35% in January-June this year compared to the same period of 2018, to 6,600 units, while the market during this period grew by 0.2%, to 42,600 units, Director General of Renault Ukraine LLC Francois Marriott has said.
“Renault’s share of the passenger and commercial auto market has grown to 15.5% compared with 11.5% in the first half of last year, and we want to keep these rates until the end of this year. We are confident that we will be able to remain the market leader for the fifth year in a row [in 2018 the share was 12.5%],” he said at a press conference in Kyiv.
At the same time, he stressed that the Ukrainian market of new cars today is in a state of stagnation, and the main reason for this is a significant increase in registrations of used cars. He said Renault had the best dynamics of market share growth among all car brands.
The expert noted that the company’s forecast for the market of new passenger and commercial cars for the current year is 90,000 units (in 2018 some 87,000 cars).
“If to analyze the situation for 2018 and the six months of this year, then for one sold new car there are three registered used imported vehicles, which are unsafe on the roads and do not meet environmental standards,” he said.

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