ZAZ in 2018 will focus on the production of trucks and buses, the production increase is not expected

The only Ukrainian automaker with full-cycle production Zaporizhia automobile building plant (ZAZ), part of UkrAVTO Corporation, in 2018 it plans to release cars (with the exception of ZAZ SENS), focusing on the commercial production of ZAZ VIDA and ZAZ Lanos Cargo Cargo and buses.

As have informed Agency “Interfax-Ukraine” in a press-service of UkrAVTO Corporation, currently the factory does not expect growth in production of motor vehicles compared to last year, when it produced 1682 of the vehicle, including passenger cars 1152 (in particular, 1150 units two Sens and VIDA).

“This year, ZAZ will work depending on market and economic situation in the country. Circumstances, which had actually stopped the production of cars, at present, be economic instability, a sharp collapse of the national currency and, as a consequence, a catastrophic decline in the purchasing power of Ukrainians . In addition, it is still not legally resolved the situation with the import of used automobiles with foreign registration. In this situation, it is difficult to make optimistic projections of increased production volumes at the plant,” – explained in press service.

Given these factors, the Corporation does not konkretisiert production plans of the company for the current year.

As reported, until recently, PJSC “ZAZ” method of full-scale production produced passenger cars under ZAZ brand (Lanos, Sens, Forza, VIDA), as well as cargo Lanos pickups and VIDA, trucks and buses on the chassis and the units of the Indian TATA.

Regarding the forecast of the situation on the market of new passenger cars in Ukraine in 2018, the Corporation suggested that the market may continue to grow and add about 20% compared with the 2017 year, when it was sold to 82.3 thousand cars.

Among the factors that will contribute to market growth, the expected growth of the economy in 2018 (according to the government forecast, GDP growth is expected at 3%), extension programs on crediting of purchase of cars. At the same time in the market will affect the situation on the currency market.

In Ukraine today the production of cars are actually only saves the plant Eurocar, which produces Skoda cars

According to the Association “Ukrautoprom”, in 2017 the market of new passenger cars in Ukraine grew by a quarter by 2016, to 82.3 thousand units. During the year in Ukrainian accounting was delivered 56,744 thousand foreign passenger cars (excluding cars with foreign registration) that exceeded the 2016 3.3 times.

ZAZ in 2016, when in fact stood idle from January to September, reduced net income by 21% by 2015, to 511 million, net loss was halved, to 602,8 million.

JSC “UkrAVTO” was in 1992. Owns a controlling stake in PJSC “ZAZ”, the Polish car factory FSO. The structure of the Corporation includes more than 400 of workshop in all cities of Ukraine, distributor and dealer companies of the leading automotive brands, and a network of filling stations.

ZAZ in 2018 will focus on the production of trucks and buses, the production increase is not expected

The only Ukrainian automaker with full-cycle production Zaporizhia automobile building plant (ZAZ), part of UkrAVTO Corporation, in 2018 it plans to release cars (with the exception of ZAZ SENS), focusing on the commercial production of ZAZ VIDA and ZAZ Lanos Cargo Cargo and buses.

As have informed Agency “Interfax-Ukraine” in a press-service of UkrAVTO Corporation, currently the factory does not expect growth in production of motor vehicles compared to last year, when it produced 1682 of the vehicle, including passenger cars 1152 (in particular, 1150 units two Sens and VIDA).

“This year, ZAZ will work depending on market and economic situation in the country. Circumstances, which had actually stopped the production of cars, at present, be economic instability, a sharp collapse of the national currency and, as a consequence, a catastrophic decline in the purchasing power of Ukrainians (more…)

Leave a Reply

Your email address will not be published.

shaoran2012

About author

shaoran2012