The Coronavirus Epidemic Crashed the Car Market of Ukraine

In March, the car market of Ukraine crashed and showed the worst result for 2020. According to the association Ukrautoprom, 6,244 new passenger cars were sold, which is 15% less than in March 2019. The Coronavirus Epidemic Crashed the Car Market of Ukraine

The reasons for the drop in sales are not hard to determine. Of course, due to quarantine, car dealerships are not operational, although many have started implementing online sales. In addition, due to factory shutdowns worldwide, there is a shortage of new cars.

At the same time, the market leader Renault increased its sales by 20% – to 1,222 cars. However, sales of Toyota (661 cars) and Kia (576) have dropped significantly. Nissan holds the fourth place (353 cars), while Hyundai is in fifth place (317). The most popular car in Ukraine in March was the Renault Duster, attracting 619 buyers. In total, 20.3 thousand new cars have been sold since the beginning of the year – 11% more than in the first quarter of 2019.

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