Flash Reports

Ukraine Vehicles Industry in 2015 fell 50% at lowest in 30 years.

Ukraine Vehicles Industry in 2015 zaz auto

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.

Economic Outlook

Ukraine’s economy improved for the second consecutive quarter in Q3 as signs of stabilization continue to emerge. GDP fell 7.2%, which was a more modest decline than the 14.6% contraction registered in Q2. While the result still marks a significant decline, the recent improvement in data suggests that the economy has turned a corner. After weeks of political infighting among Ukraine’s coalition government, on 25 December, Parliament approved the budget for 2016 in an effort to receive delayed funds from the country’s IMF bailout.

The budget includes a number of reforms and cuts to public spending, however, it fails to deliver a broader reform of the country’s tax system as demanded by the IMF. Meanwhile, Ukraine failed to repay a USD 3 billion Eurobond debt to Russia after the grace period expired on 31 December, setting the stage for a lengthy legal battle between the two countries.

The decision was largely expected and should not affect the country’s bailout with the IMF since the organization changed its lending policies in December. However, the move escalated already-high tensions between the two countries and could pave the way for economic retaliation from Russia.

Market Outlook

Losing over 18% during the Q4, Ukraine market ended the worse year out of the last thirty facing the highest crisis of the history for a sector that was designed to be on top of renewed economic policy and that is now fully involved in the economic collapse that is killing the country.

According to data released by the Ukrautoprom, the Ukrainian Associations of Car Manufacturers, total new light passengers vehicles sold in the 2015 had been 52.821, losing 48.6%. The market in the 2008 stands near the World’s 20th place while in the 2015 fell in 66th place.

Albeit losing 50% of volume, Toyota kept the leadership with 5.365 sales followed by Renault with 4.588 (-25.9%), up 3 spots, and Volkswagen with 2.879 (-56.1%).

Below, you can sort our interactive tables to see data regarding Brands and Groups. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Dec Rank 2015 Brand Dec 2015 Var 2015 Var Dec % 2015 %
2 1 Toyota 488 5.365 -41,3% -47,9% 8,7% 10,6%
1 2 Renault 580 4.588 -19,0% -25,9% 10,3% 9,0%
5 3 Volkswagen 306 2.879 -44,0% -56,1% 5,4% 5,7%
3 4 Ford 323 2.791 -20,2% -44,8% 5,7% 5,5%
10 5 Hyundai 226 2.676 -54,5% -52,4% 4,0% 5,3%
6 6 Nissan 275 2.666 -50,0% -43,9% 4,9% 5,2%
8 7 Zaz 251 2.384 -46,7% -70,9% 4,5% 4,7%
9 8 Mazda 229 2.261 -31,4% -7,3% 4,1% 4,4%
7 9 Skoda 269 2.230 -39,1% -57,3% 4,8% 4,4%
11 10 Kia 195 2.014 -33,7% -46,6% 3,5% 4,0%
13 11 BMW 192 1.723 65,5% 36,0% 3,4% 3,4%
18 12 Geely 110 1.715 -68,9% -81,7% 2,0% 3,4%
10 13 Mercedes 226 1.557 7,1% -18,7% 4,0% 3,1%
4 14 Chevrolet 312 1.310 73,3% -10,6% 5,6% 2,6%
14 15 Suzuki 139 1.229 -21,5% -8,6% 2,5% 2,4%
12 16 Lada 194 1.104 16,9% -56,4% 3,5% 2,2%
15 17 Audi 128 1.091 10,3% -34,2% 2,3% 2,1%
22 18 Peugeot 73 1.064 -66,7% -57,2% 1,3% 2,1%
17 19 Mitsubishi 112 869 -49,1% -60,4% 2,0% 1,7%
26 20 Fiat 43 760 -71,9% -56,5% 0,8% 1,5%
20 20 Citroen 88 760 -53,2% -59,0% 1,6% 1,5%
16 21 Chery 117 701 88,7% -37,4% 2,1% 1,4%
21 22 Land Rover 77 614 -2,5% -40,2% 1,4% 1,2%
19 23 Gaz 105 555 66,7% -37,1% 1,9% 1,1%
27 24 Subaru 40 535 -60,4% -55,6% 0,7% 1,1%
23 25 Lexus 72 508 -43,8% -41,1% 1,3% 1,0%
25 26 SsangYong 57 499 35,7% -68,5% 1,0% 1,0%
28 27 Honda 35 433 -61,5% -68,2% 0,6% 0,9%
29 28 MAZ 34 407 -10,5% 98,5% 0,6% 0,8%
44 29 Daewoo 388 -100,0% -81,1% 0,0% 0,8%
24 30 Volvo 69 362 648,8% 345,5% 1,2% 0,7%
30 31 Porsche 29 234 -27,5% -34,9% 0,5% 0,5%
34 32 Great Wall 12 227 -81,0% -69,5% 0,2% 0,4%
34 33 BYD 12 225 -83,1% -62,8% 0,2% 0,4%
28 34 Infiniti 35 223 104,9% -40,3% 0,6% 0,4%
33 35 Foton 14 194 112,7% 104,4% 0,2% 0,4%
31 36 Jac 19 189 -51,5% -63,1% 0,3% 0,4%
32 37 Ruta 15 180 -81,7% -16,5% 0,3% 0,4%
37 38 Seat 8 167 -83,3% -54,9% 0,1% 0,3%
35 39 Opel 10 158 -41,5% -53,9% 0,2% 0,3%
34 40 BAZ 12 144 0,2% 0,3%
36 41 Acura 9 132 110,7% 87,9% 0,2% 0,3%
38 42 Mini 7 87 63,9% 22,1% 0,1% 0,2%
39 43 Iveco 6 81 -57,1% 7,5% 0,1% 0,2%
33 44 Tata 14 78 0,0% -17,9% 0,2% 0,2%
40 45 Bogdan 5 76 -92,3% -95,6% 0,1% 0,1%
35 46 Jeep 10 75 100,0% -53,9% 0,2% 0,1%
35 47 Saipa 10 63 900,0% 84,7% 0,2% 0,1%
34 48 Uaz 12 57 50,0% -42,5% 0,2% 0,1%
42 49 Jaguar 2 44 -53,2% -2,1% 0,0% 0,1%
41 50 Isuzu 4 38 -66,7% -65,8% 0,1% 0,1%
42 51 MG 2 30 -90,0% -94,4% 0,0% 0,1%
42 52 Tesla 2 23 187,5% 0,0% 0,0%
43 53 Smart 1 15 0,0% -25,0% 0,0% 0,0%
43 54 ZK 1 12 -83,6% 0,0% 0,0%
44 55 Maserati 11 22,2% 0,0% 0,0%
43 56 Fisker 1 10 900,0% 0,0% 0,0%
Rank Dec Rank 2015 Group Dec 2015 Var 2015 Var Dec % 2015 %
1 1 Renault-Nissan 1.084 8.581 -25,2% -38,0% 19,3% 16,9%
2 2 Volkswagen 740 6.604 -38,0% -53,4% 13,2% 13,0%
3 3 Toyota 560 5.873 -41,7% -47,4% 10,0% 11,6%
4 4 Hyundai-Kia 421 4.690 -46,8% -50,0% 7,5% 9,2%
5 5 Ford 323 2.791 -20,2% -44,8% 5,7% 5,5%
7 6 Zaz 251 2.384 -46,7% -70,9% 4,5% 4,7%
8 7 Mazda 229 2.261 -31,4% -7,3% 4,1% 4,4%
11 8 Geely Group 179 2.077 -50,7% -78,0% 3,2% 4,1%
6 9 General Motors 322 1.859 24,3% -51,9% 5,7% 3,7%
12 10 PSA 161 1.824 -60,4% -58,0% 2,9% 3,6%

 

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