Sales of new passenger cars in Ukraine shrink by 5% in Jan-April

REUTERS Sales of new passenger cars in Ukraine declined by 5% in January-April 2020 year-over-year (y-o-y), to 23,900 vehicles. Ukrainians in April alone purchased and registered 3,700 new passenger cars, which was almost 50% down y-o-y, the Ukrautoprom association&#39;s press service said. Moreover, such a result is not an anti-record since there were lower monthly indicators four or five years ago. "Despite a sharp drop in the number of new cars&#39; registrations, for the third month in a row the three market leaders have remained unchanged, namely Renault, Toyota, and KIA. However, the said brands in the same order also topped the last year&#39;s April rating. Yet, there are some surprises. The BMW brand climbed from the ninth spot [in April 2019] to fourth, whereas it was ranked 13th in March 2020. Mercedes-Benz was a surprise as well, as it showed growth in sales, taking the sixth position in April. The brand was on 14th spot in this period last year, and ranked 11th in March," the report said. Read alsoSales of used cars in Ukraine shrink by almost 60% in Q1 Renault remains in the lead of the April ranking with 771 new passenger cars sold on the Ukrainian market, which was 31% down y-o-y. Toyota was second with 428 vehicles sold in over the period under review, which was 56% down from April 2019. KIA cars ranked third as they were assigned 259 Ukrainian license plates in April showing a 59% decline y-o-y. The BMW car brand became fourth with 814 vehicles sold (11% down from April 2019). The Skoda brand ranked fifth with 180 cars with sold over the month (67% down). The Renault Duster crossover became the month&#39;s bestseller with 278 cars sold. As UNIAN reported earlier, sales of new commercial vehicles in Ukraine in 2019 dropped by 3% y-o-y, to 12,400 vehicles, according to the Ukrautoprom UNIAN memo. The Ukrainian Motor Vehicle Manufacturers Association, Ukrautoprom, was created in 1997. Its founders include more than 20 leading Ukrainian enterprises of the automotive industry. Among them are Zaporizhia-based ZAZ Plc., Lviv-based bus manufacturer LAZ Plc., Kremenchuk-based truck manufacturer AutoKrAZ PJSC, and others.

Sales of new passenger cars in Ukraine shrink by 5% in Jan-April

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