Ukrainian Cars market in May 2020 registered a small decline compared to other neighbouring countries, after April’s sharp drop due to strict lockdown measures. Indeed, 5.896 units were sold in May (-14.8%), leading year to date sales to 30.290, down 5.9%.Market Trend in MayFollowing a sharp drop in April (-46.6%), the Ukrainian market reported a robust recovery in May. This was a much better performance compared to other neighbouring countries. Specifically, 5.896 units were sold in May (-14.8%), leading year to date sales to 30.290, down 5.9%.Brand-wise, Kia and Mercedes boomed in May, growing respectively by 51.1% and 70.9%. On the other side, Volkswagen, Nissan and Hyundai registered disappointing performances.Post Covid19 market TrendAs of March 31, 669 Covid-19 cases were reported in Ukraine. However, although some restrictive measures were taken by the Government – in order to slow down the spread of the virus – the new car market wasn’t much affected.Indeed, in March auto sales fell 17.7% at 6.022 units, ending the first quarter at 20.063 (+9.2%).In April, as the country was under strict lockdown measures due to raising Covid-19 cases, the market dropped 46.6% with 3.668 units sold.Medium term market directionUkrainian vehicles market has been hit both by economic and political crisis falling down at near one-tenth of the record level (over 600.000 sales) achieved over a decade ago. The negative peak was hit in 2016, with only 65.516 units sold. Then, the market registered a sign of recovery in 2017 with 82.729 units. However, sales went down 2.4% again in 2018 at 80.742.In 2019, the market immediately recovered from the previous year’s drop, ending with rotal sales at 88.335 (+7.9%).In the first two months of 2020, according to the data released by the Ukranian Association of Automobile Manufacturers, the market was reporting rapid growth, with Year to Date February sales at 14.041 (+27.1%).Tables with sales figuresIn the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.This content is for members only. Visit the site and log in/register to read.
Portugal. Mercedes on top in May, while market kept struggling (-74.7%)
Friday June 12, 2020
Portuguese Auto Market in May 2020 crumbled again, reporting just a shy improvement from April, as some business activities were allowed to restart. Indeed, in May 5.741 units were registered (-74.7%), leading Year to Date figures to 53.648 (-37.8%).Portuguese Auto Market in MayAlthough on May 2 the State of Emergency was cancelled and from May 4 the […]
Nigeria. New vehicles sales fell down 50% in the first half 2020
Monday August 03, 2020
Nigerian Cars Market, after the negative start of the year, reported a huge loss in the first half 2020, due to the as several states imposed restriction measures due combined effects of strict social distancing measures and widespread travel restrictions due to covid19 and the fall of oil price in the international market. Q2 2020 […]
The post Nigeria. New vehicles sales fell down 50% in the first half 2020 appeared first on Celadon Saigon.
The post Portugal. Mercedes on top in May, while market kept struggling (-74.7%) appeared first on Celadon Saigon.