Ukrainian Cars market still positive in the Q3 following the rocketing first half consolidating the momentum started last year despite the economic recovery looks still fragile. Renault is the market leader ahead of Toyota and Volkswagen.
Ukraine Vehicles Industry in 2015 fell 50% at lowest in 30 years. The desperate conditions of the country are mirrored by the automotive sector with demand for vehicles disappeared. Toyota kept leadership.
Ukrainian vehicles market dropped 57% after three-quarters 2015 hit by the collapse of the country economic organization and huge financial debts. September was down 39% not showing the end of the fall.
Ukraine Light Vehicle Sales fell 79% in four month 2015 with volume reduced at less than 3.000 units per month and showrooms empty or closed. The sector collapse involved all players. Renault new leader.
In 2014 Ukrainian Automotive Industry collapsed at lowest in 20 years, as the civil war persists in the east regions and Crimea was absorbed in the Russian Republic. The patrimony of the sector is almost destroyed.
Ukraine Vehicle Market in first half 2014 collapsed 40 percent following the economic and political crisis with civil war still in place in the east regions. Toyota in June was in fast recovery and market leader. Geely was N°1 in the first half.
Ukraine automotive industry is collapsing as the country is in a chaotic civil war and April sales collapsed 70% from year ago. In a different market conditions, Ukraine car market would be figured out being the first market were Geely is N°1.
Following the illusion of a good start in the first two months of the year, the Ukraine car market collapsed in March, hit by the political crisis following the Russian invasion of Crimea peninsula. Near future will be hard and dark.
December 2013 Ukrainian car market fell again in double digit ending the year with a 16.8% loss. The request for low cost product is pushing up the Chinese Geely, second in December and third in the year, thanks to the compact Emgrand C7 performance.
Following two hard years, European Car Market was projected on a stable 2014 performance. January little increase was supporting optimistic scenarios, before Ukraine dramatic events had moved in negative all projections. Geneva Motorshow will open tomorrow full of fears and questions.