Business news from Ukraine


17 August , 2019  

Production of vehicles in Ukraine through January-July 2019 decreased by 12.6% compared with the same period of 2018, to 3,562 vehicles, assembly of Skoda passenger cars by Eurocar Plant saw 12.4% slowdown, to 3,066 cars.
According to statistics of Ukrautoprom association posted on its website, thus decline rate of vehicle production slightly slowed down compared to the similar period of 2018 and was 23.5%.
The production of commercial vehicles was 2.5 times less: only 46 vehicles were manufactured for the seven month (excluding AvtoKrAZ, which has stopped disclosing production information since August 2016), including 39 by Cherkasy Bus (29 in 2018), and seven by Zaporizhia Automobile Plant (ZAZ, 85 vehicles)
The production of buses saw light negative trend by 2.4%: 450 buses were produced, against 461 a year earlier. The Cherkasy Bus with 220 buses for the mentioned period remained the leader of their production, the Chernihiv Automobile Plant increased production by five buses and produced 99 units, the ZAZ produced 40 buses against 24 a year ago, Bogdan Corporation manufactured 44 buses against 4 items a year ago, and the Chasiv Yar Bus Plant saw 47% fall in bus production, to 47 units.
The association reported that in July the national enterprises assembled 613 vehicles that 2.8 times more that in July 2018 and 10% more that in June 2019.
This growth pace is linked to the increase of assembly of Skoda passenger cars by Eurocar Plant up to 534 units against 150 in July 2018.
The producers of commercial cars increased output up to 25 units in July (five units in 2018), while bus production shrank from 66 to 54 units. The biggest number of buses was produced by the Cherkasy Bus.
As reported, in 2018, the Ukrainian automakers produced only 6,616 vehicles. This was 23% less than a year earlier, and production capacity was loaded less than 1.5%.