Decline in vehicle production in Ukraine accelerates to 15.7% in Jan-March
Ukrainian automobile manufacturers in January through March 2016 tentatively produced 777 vehicles and this is 15.7% down year-over-year, the Ukrautoprom association has said.
In January through February 2016 vehicle output fell by 4% year-over-year.
A total 627 passenger cars were made (17% up).
Private joint-stock company Eurocar boosted production of Skoda cars by 17.5%, to 723. Four more cars were made by ZAZ, which is almost idle now.
Commercial vehicle and truck production decreased by 55%, to 140. They all were made by public joint-stock company AvtoKrAZ.
Bus output slid by 87.2%, to 10 buses made by Bogdan Corporation.
The association said that in March some 305 vehicles were made (70% up on February 2016 and 29% down on March 2015). A total of 254 passenger cars (71.4% up on February 2016 and 16.2% down on March 2015) were made. 252 cars were made by Eurocar and two by ZAZ.
Some 46 commercial vehicles were made by AvtoKrAZ (51.6% down on March 2015) and five buses by Bogdan Corporation.
Etalon Corporation, Chasiv Yar Buses and Cherkasy Bus made no bus in March 2016.
Advertising
Advertising
MORE ABOUT
Ukraine launches official marketplace for presentation of domestic manufacturers in world – Zelensky
14:03, 13.09.2022
Global pharma manufacturers looking for new logisticians to supply drugs to Ukraine, hoping for balanced tax policy
15:05, 31.03.2022
Vehicle production in Ukraine 45% up in Jan
14:28, 09.02.2018
Economy ministry to help pipe manufacturers to enter foreign markets
12:14, 31.08.2017
Economy ministry initiates annulment of restrictions in number of models, localization for duty free imports of goods by car manufacturers
17:19, 13.06.2017
LATEST
Naftogaz Group receives UAH 23.1 bln net profit in 2023 against UAH 79.1 bln loss in 2022
12:52, 07.05.2024
After opening of sea exports, Metinvest increases workload of factories, directs efforts to retain teams – HR Director
20:17, 06.05.2024
Kamet Steel plant carrying out major overhaul of cable rack at coke chemical division for uninterrupted power supply
19:52, 06.05.2024
Business expectations in Ukrainian construction market in Q2 decrease by 1.1 pp – statistics
19:16, 06.05.2024
Four MPC members expect reduction of key policy rate to 11.5-12% by late 2024, remaining 7 expect fall to 13% – NBU