Sales of new passenger cars in Ukraine 48% up in Nov

Sales of new passenger cars in Ukraine 48% up in NovSales of new passenger cars in Ukraine grew by 48% in November year-over-year and by 26% compared to October 2016, to 7,372 units, Auto-Consulting has reported.

"A record-breaking splash in sales of new passenger cars was recorded in November first in the past two years," the experts said.

The Ukrainian car market expanded by 39% in January-November 2016, to 56,934 units.

The growth of car sales in November was seen almost at all market players.

Toyota and Renault were the two leaders on the market in November with 811 cars sold and market share of over 11%.

New Kia cars sales rose by 54%, exceeding 500 cars (third in November and sixth in October). The brand's market share grew by 1.2 percentage points, to 6.1%.

Skoda dealers boosted sales by 18.2%, Ford dealers – by almost 57%, VW – by almost 70%, Hyundai – by 31.4% and Nissan – by 30.3% (all from the top ten brands with large sales).

Many brands boosted sales by several times. In particular, Seat, Great Wall, Chery, Fiat and Infiniti finished the month with record-breaking sales.

Auto-Consulting said that the increase in new passenger car sales in Ukraine in November is linked to two factors: stirring up in the corporate segment and currency instability.
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