Sales of new cars in Ukraine climbs by 40.6% in January – AUTO-Consulting

Source : 112 Ukraine

Altogether, 6,620 new vehicles were sold in the first month of 2018
18:39, 1 February 2018

The sales of new automobiles in Ukraine in January 2018 increased by 40.6% compared to the same period last year. Altogether, 6,620 new vehicles were sold last month. According to AUTO-Consulting, this was the best post-crisis result for this month, Interfax-Ukraine reports.

Related: Used passenger cars sales grow by 3.3 times in 2017

Analysts suggest that such a sudden rise in sales may be caused by the exchange rate “fever”, which made Ukrainian consumers to hurry while deciding on the purchase of vehicles whose prices were increasing at a slower pace than that of the U.S. dollar exchange rate.

Moreover, a lot of orders were filed in December, whereas in January the deals were finalized,” analysts added.

Related: Ukraine’s carmakers boost production of passenger cars by 68%, buses – by 2.5 times

Just like a year ago, Toyota became the best-selling brand of vehicles sold in January 2018. Toyota managed to almost double its sales and obtain a 14% market share.

Unsurprisingly, Renault came second (with a 8.9% market share), whereas Volkswagen finished third with 8.7% of the market. Both Skoda and Nissan, which became the fourth and the fifth most popular brand respectively, are seeing a gradual rise in sales.

Related: Ukrainian Parliament votes to exempt electric cars from VAT and excise duties

Conversely, Mazda came very close to doubling its sales, while the Uzbek Ravon managed to boost its sales by three-fold. It could be argued that Ravon is conquering the Ukrainian market of new automobiles – last year it ranked as the 17th most popular brand in the country, whilst today it is already number eight.

AUTO-Consulting added that Audi was the most popular premium brand of new vehicles in January 2018. Audi’s sales rose by almost three-fold, which put the German carmaker inside the top ten of the Ukrainian market.

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