KYIV, Jan 4 – In 2020, Ukrainians purchased and registered 85,500 passenger cars, which is 3% less than in 2019, Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom) said.
"Compared to other European markets, the fall in car sales in Ukraine does not look so dramatic. However, the reason for this is the extremely low consumer activity in the new car market, which developed even before the coronavirus [COVID-19] pandemic, caused by both a fall in the purchasing power of the population focused on the segment of inexpensive cars and the policy of liberalization of imports of used cars, which radically changed the structure of demand in the Ukrainian car market," according to the association's website.
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