Thursday, 10 October 2013

Ukraine Autos Report Q4 2013

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Ukraine Autos Report Q4 2013
Oct 9th 2013, 00:00

Price: $ 1295  

In Ukraine, vehicle production declined 49.9% year-on-year (y-o-y) in the first seven months of the year, to 23,311 units. During this period, passenger car production declined 50.0% y-o-y, to 21,353 units, and commercial vehicle (CV) production dropped 56.2% y-o-y, to 875 units. On the back of output volumes over the year, and our view that many European markets, the country's leading trade partners, are bottoming out somewhat, we are revising our 2013 production forecast to a 40.9% fall, from a 60.9% drop previously. We now forecast a 40% decline in the passenger car market, down from a 60% drop previously, and a 50% decline in commercial vehicle (CV) segment, down from a 70% decline previously. ...

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