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15 Jun
13:27

Ukrainian car production collapses further in May

Ukrainian carmakers continued to reduce production in May due to low demand, says Ukrainian carmakers’ association Ukravtoprom. In January-May only 1,550 vehicles were produced in Ukraine, down by -35% on-year, Kallanish notes. Of this total, 1,325 were cars, down -35%, 24 were commercial vehicles, up 14%, and 201 were buses, down -41%. Only 126 cars were assembled in May alone, down -75% on-year. As was the case a year earlier, only one factory – Eur…
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