Business

Car market

Car sales dropped 54% over 11 months

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In January-November 2014, sales of new cars in Ukraine decreased by 54% to 89,391 units compared with the same period the previous year, reported the UkrAutoprom association on Thursday.

Toyota, which sales decreased by one third to 9,464 units by January-November 2013, remains the leader over eleven months, Geely comes second (sales dropped 38% to 9,011 units) and ZAZ cars come third (sales dropped 53% to 7,463 units).

Hyundai ranked fourth with 71% drop in sales (to 5,021 units) and Volkswagen closed Top 5 with 58% drop in sales (to 5,004 units).

According to the association, in November the consumer activity on the market of new cars remained extremely low – 6,802 cars were sold, which is 15% more than in October the previous year, but 2.3 times less than in November 2013.

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