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9.1.2 Automotive sector news
After a slow start to the year, sales of new cars jumped by 31% in December This pulled up the year-long sales growth to 8%, or 88,500 cars, reports UkrAutoProm, the auto industry group. The top five brands are Renault, Toyota, Kia, Skoda, and Nissan.
Registrations of used car import cars increased 3.5 times in 2019, to 408,100, reports UkrAutoProm. This flood of used imports was almost five times the number of new imports – 88,500. Although part of the wave of used imports was due to last spring’s tax amnesty, the volume of used imports registered last month was still triple new car sales. Ukraine’s car production dwindled to 441 cars in November.
Imports of used cars through October increased by fourfold, to 349,000,
reports UkrAutoProm. About half of these cars arrived in Ukraine prior to 2019 but were regularized last year by owners taking advantage of tax amnesties. With Germany increasingly restricting diesel cars, Germany was Ukraine’s top source for second-hand cars: 89,000 cars through October. Ukrainians spent $2.6bn on imported cars through September. The average declared customs value of an imported car was $4,000. The declared value of the average new import was more than four times higher: $18,000.
Ukrainians registered 7,542 additional electric vehicles last year, a 42% jump over 2018, reports UkrAutoProm, the car industry association. Of the 7,012 passenger cars, 92% were used imports. The average age was four years. Nissan Leaf accounted for almost half of new registrations. Of the nearly 500,000 new registrations of cars in Ukraine last year, electric cars represented only 1.4%.
51 UKRAINE Country Report February 2020 www.intellinews.com