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Ukraine 2020. In May Kia (+51.1%) & Mercedes (+70.9%) supported a recovering market (-14.8%)

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.

We made a newsletter for all things digital art, crypto art, and NFTs
Wednesday January 13, 2021

Steven and I are fascinated with the growth and innovation happening in the digital art and crypto art space, so we started a newsletter. You can signup here: https://fatcatfund.substack.com/ Here’s the latest issue: https://fatcatfund.substack.com/p/banksy-entering-nft-issue-3 And here are some topics we discuss: -Exciting projects in the space from Niftex (NFTX) to Axie Infinity to Aavegotchi -Great […]

5 Things To Prepare When Meeting With A Car Accident Lawyer
Friday May 14, 2021

Every driver is (or should be) aware of the responsibility they carry the moment they sit behind that stirring wheel. For one, they need to consider the safety of everyone seated in the vehicle including themselves. They also have a significant role to play in the safety of other road users. Despite all the precautions, […]

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