Despite Ukraine’s recession, sales of new cars in Ukraine fell by only 3% yoy

Wednesday, January 6, 2021
Despite Ukraine’s recession, sales of new cars in Ukraine fell by only 3% yoy

Despite Ukraine’s recession, sales of new cars in Ukraine fell by only 3% yoy, to 85,500 in 2020, reports Ukrautoprom, the car industry association. In December was the year’s record month, with Ukrainians buying 9,801 cars. With Ukraine’s lowered import taxes and the EU’s gradual phase out of diesel cars, first time registrations of used imports are about four times registrations of new cars. In 2020, Ukrainians registered about 350,000 imported used cars.

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