Flash Reports

Ukrainian vehicles market dropped 57% after three-quarters 2015.

Ukrainian vehicles market ZAZ_3A3

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.

Economic Outlook

While the state of Ukraine’s economy remains a long way from sound, tentative signs of stabilization have begun to emerge. After a year-and-a-half-long downward economic spiral, GDP improved in the second quarter of 2015 and industrial production recorded the smallest contraction in 15 months in September, suggesting that the economy’s momentum has turned a corner. Moreover, international reserves have been steadily replenished and rose to a year-high in the same month.

However, despite these positive developments, a number of challenges to Ukraine’s recovery remain. A EUR 3 billion payment to Russia is due on 20 December and the two countries have been locked in a dispute over whether the debt will be repaid and on what terms. Moreover, it is unclear if the debt is classified as “official” and how a default could affect Ukraine’s arrangement with the IMF, with the latest reports suggesting that the IMF may even review its lending framework ahead of the due date.

On the political front, local elections were held in most regions of the country on 25 October. Preliminary results point to a loss of support for President Poroshenko’s ruling party due to the ongoing economic crisis.

Market Outlook

Once upon a time (in the 2008….) the Ukrainian light vehicle market was florid and ranking inside the top 20 in the World. Then, the economic crisis sharply hit the internal demand with market falling down over 30% in the 2009, before recovering at 269.000 in the 2012. Finally the civil war and the silent conflict with Russia killed the market that fell at 100.000 units in the 2014.

In the 2015, the collapse continued and after a first quarter loss of 78.9%, in the following month market dropped 58% in April, 41% in May and June. According to data released by released by Ukrautoprom, the Ukrainian Associations of Car Manufacturers, total new light passengers vehicles sold in the first half had been 18.911, losing 68.6%.

The third quarter was down again with July sales at 5.792 units (-20.5%), August at 6.221 (-9.5%) and September at 3.750 (39.5%) with cumulative sales at 24.706 (-63.4%). After the first three quarters of the year, light vehicles sales had been only 34.674, down 57% from the correspondent period last year.

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 Sep Rank 2015 Brand Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Toyota 517 3.813 -46,9% -51,9% 13,8% 11,0%
2 2 Renault 366 3.041 -14,1% -33,2% 9,8% 8,8%
3 5 Ford 199 1.728 -21,3% -55,0% 5,3% 5,0%
4 4 Nissan 192 1.895 -18,6% -45,3% 5,1% 5,5%
5 10 Kia 181 1.345 -13,0% -56,3% 4,8% 3,9%
6 7 Mazda 179 1.559 2,9% -3,3% 4,8% 4,5%
7 6 Hyundai 175 1.718 -42,2% -60,7% 4,7% 5,0%
8 3 Volkswagen 169 2.070 -61,6% -59,6% 4,5% 6,0%
9 8 Skoda 139 1.462 -52,4% -64,2% 3,7% 4,2%
10 12 BMW 134 965 59,5% 11,7% 3,6% 2,8%
11 11 Geely 128 1.287 -56,9% -84,6% 3,4% 3,7%
12 15 Suzuki 110 832 5,8% -8,7% 2,9% 2,4%
13 18 Fiat 90 654 100,0% -48,7% 2,4% 1,9%
14 13 Mercedes 89 934 -20,5% -33,6% 2,4% 2,7%
14 24 BYD 89 383 81,6% -22,6% 2,4% 1,1%
15 14 Peugeot 65 848 -40,4% -55,3% 1,7% 2,5%
15 17 Audi 65 686 -66,1% -44,4% 1,7% 2,0%
16 31 Jac 60 250 33,3% -38,0% 1,6% 0,7%
17 22 Honda 59 480 103,4% -58,0% 1,6% 1,4%
18 20 Citroen 58 560 -45,3% -59,5% 1,5% 1,6%
19 36 Volvo 54 148 575,0% 158,8% 1,4% 0,4%
20 29 Lexus 50 316 -30,6% -44,2% 1,3% 0,9%
21 21 Chevrolet 47 519 -39,7% -52,3% 1,3% 1,5%
21 23 Subaru 47 424 -42,0% -52,7% 1,3% 1,2%
22 26 Chery 42 376 -32,3% -60,0% 1,1% 1,1%
23 16 Lada 41 692 -71,1% -66,1% 1,1% 2,0%
24 19 Mitsubishi 35 572 -60,2% -65,2% 0,9% 1,7%
25 30 SsangYong 33 304 -57,1% -78,0% 0,9% 0,9%
26 27 Daewoo 32 364 -73,8% -80,7% 0,9% 1,1%
27 25 Land Rover 23 377 -42,5% -53,5% 0,6% 1,1%
28 28 Gaz 22 337 -45,0% -53,9% 0,6% 1,0%
29 34 Lifan 17 168 240,0% -39,1% 0,5% 0,5%
29 38 Porsche 17 133 -26,1% -43,3% 0,5% 0,4%
29 35 Infiniti 17 165 -39,3% -49,8% 0,5% 0,5%
29 32 Bogdan 17 202 -89,1% -86,4% 0,5% 0,6%
30 53 MAZ 15 32 50,0% -68,6% 0,4% 0,1%

Rank Sep Rank 2015 Group Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Renault-Nissan 616 5.793 -26,0% -44,2% 16,4% 16,8%
2 3 Toyota 567 4.129 -45,8% -51,4% 15,1% 11,9%
3 2 Volkswagen 400 4.516 -60,1% -58,7% 10,7% 13,1%
4 4 Hyundai-Kia 356 3.063 -30,3% -58,9% 9,5% 8,9%
5 5 Ford 199 1.735 -21,3% -54,9% 5,3% 5,0%
6 8 Geely Group 182 1.435 -40,3% -83,0% 4,9% 4,1%
7 6 Mazda 179 1.559 2,9% -3,3% 4,8% 4,5%
8 10 BMW 144 1.050 60,2% 13,5% 3,8% 3,0%
9 13 FCA 126 904 109,9% -40,5% 3,3% 2,6%
10 9 PSA 123 1.408 -42,8% -57,0% 3,3% 4,1%

 

 

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