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

Ukraine Vehicles Industry in 2015

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 DecRank 2015BrandDec2015Var2015 VarDec %2015 %
21Toyota4885.365-41,3%-47,9%8,7%10,6%
12Renault5804.588-19,0%-25,9%10,3%9,0%
53Volkswagen3062.879-44,0%-56,1%5,4%5,7%
34Ford3232.791-20,2%-44,8%5,7%5,5%
105Hyundai2262.676-54,5%-52,4%4,0%5,3%
66Nissan2752.666-50,0%-43,9%4,9%5,2%
87Zaz2512.384-46,7%-70,9%4,5%4,7%
98Mazda2292.261-31,4%-7,3%4,1%4,4%
79Skoda2692.230-39,1%-57,3%4,8%4,4%
1110Kia1952.014-33,7%-46,6%3,5%4,0%
1311BMW1921.72365,5%36,0%3,4%3,4%
1812Geely1101.715-68,9%-81,7%2,0%3,4%
1013Mercedes2261.5577,1%-18,7%4,0%3,1%
414Chevrolet3121.31073,3%-10,6%5,6%2,6%
1415Suzuki1391.229-21,5%-8,6%2,5%2,4%
1216Lada1941.10416,9%-56,4%3,5%2,2%
1517Audi1281.09110,3%-34,2%2,3%2,1%
2218Peugeot731.064-66,7%-57,2%1,3%2,1%
1719Mitsubishi112869-49,1%-60,4%2,0%1,7%
2620Fiat43760-71,9%-56,5%0,8%1,5%
2020Citroen88760-53,2%-59,0%1,6%1,5%
1621Chery11770188,7%-37,4%2,1%1,4%
2122Land Rover77614-2,5%-40,2%1,4%1,2%
1923Gaz10555566,7%-37,1%1,9%1,1%
2724Subaru40535-60,4%-55,6%0,7%1,1%
2325Lexus72508-43,8%-41,1%1,3%1,0%
2526SsangYong5749935,7%-68,5%1,0%1,0%
2827Honda35433-61,5%-68,2%0,6%0,9%
2928MAZ34407-10,5%98,5%0,6%0,8%
4429Daewoo-388-100,0%-81,1%0,0%0,8%
2430Volvo69362648,8%345,5%1,2%0,7%
3031Porsche29234-27,5%-34,9%0,5%0,5%
3432Great Wall12227-81,0%-69,5%0,2%0,4%
3433BYD12225-83,1%-62,8%0,2%0,4%
2834Infiniti35223104,9%-40,3%0,6%0,4%
3335Foton14194112,7%104,4%0,2%0,4%
3136Jac19189-51,5%-63,1%0,3%0,4%
3237Ruta15180-81,7%-16,5%0,3%0,4%
3738Seat8167-83,3%-54,9%0,1%0,3%
3539Opel10158-41,5%-53,9%0,2%0,3%
3440BAZ121440,2%0,3%
3641Acura9132110,7%87,9%0,2%0,3%
3842Mini78763,9%22,1%0,1%0,2%
3943Iveco681-57,1%7,5%0,1%0,2%
3344Tata14780,0%-17,9%0,2%0,2%
4045Bogdan576-92,3%-95,6%0,1%0,1%
3546Jeep1075100,0%-53,9%0,2%0,1%
3547Saipa1063900,0%84,7%0,2%0,1%
3448Uaz125750,0%-42,5%0,2%0,1%
4249Jaguar244-53,2%-2,1%0,0%0,1%
4150Isuzu438-66,7%-65,8%0,1%0,1%
4251MG230-90,0%-94,4%0,0%0,1%
4252Tesla223187,5%0,0%0,0%
4353Smart1150,0%-25,0%0,0%0,0%
4354ZK112-83,6%0,0%0,0%
4455Maserati-1122,2%0,0%0,0%
4356Fisker110900,0%0,0%0,0%
Rank DecRank 2015GroupDec2015Var2015 VarDec %2015 %
11Renault-Nissan1.0848.581-25,2%-38,0%19,3%16,9%
22Volkswagen7406.604-38,0%-53,4%13,2%13,0%
33Toyota5605.873-41,7%-47,4%10,0%11,6%
44Hyundai-Kia4214.690-46,8%-50,0%7,5%9,2%
55Ford3232.791-20,2%-44,8%5,7%5,5%
76Zaz2512.384-46,7%-70,9%4,5%4,7%
87Mazda2292.261-31,4%-7,3%4,1%4,4%
118Geely Group1792.077-50,7%-78,0%3,2%4,1%
69General Motors3221.85924,3%-51,9%5,7%3,7%
1210PSA1611.824-60,4%-58,0%2,9%3,6%

 

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