In a leading indicator of economic growth, sales of commercial vehicles – typically business vans – grew by 22% during the January to May period, compared to the same period last year. Sales totaled 5,132, according to Ukrautoprom, the national vehicle association. By contrast, sales of new passengers cars are almost flat, growing by only 4% in May. Last year, new car sales increased by 25% over 2016. As a result of lowered import duties, sales of used imported cars jumped almost 80% in March on a year over year basis.
In a leading indicator of economic growth, sales of commercial vehicles – typically business vans – grew by 22% during the January to May period
