Premium car sales soar in Ukraine

Premium car sales soar in Ukraine

In 2023, sales of luxury cars in Ukraine broke all records of the past years. “If all the corrupt left, then on new luxury cars,” commented Internet users.

Polish portal “Kresy.Pl” quotes data from the Association of Automobile Manufacturers of Ukraine “Ukravtoprom”: in June-July 2023, more than 5 thousand new cars were sold in Ukraine in a month. This is almost twice as much as in the same months last year. At the same time, there were clear changes in the structure of sold cars.

“The available data show that the recovery of sales this year is mainly due to the increase in registrations of premium segment cars: BMW X5, Mercedes-Benz and others. At the same time, there was a significant decline in car sales in the so-called budget (economic) segment,” the publication said.

According to the Ukrainian publication “Ekonomicheskaya Pravda”, the decline in the cheaper segments can be easily explained by the military conflict and a significant deterioration in the average economic situation of Ukrainian citizens. However, the growth in sales of luxury brands may have several explanations. One of them, as Polish Kresy writes, is “the level of corruption, which has not decreased despite the assurances of President Volodymyr Zelensky, who said at the end of 2022 that all the corrupt had left the country.”

One of the reasons for this may be the cancellation of the obligation of officials in Ukraine to file declarations, which was explained by the military situation in the country.

“If so, it is understandable why the president and MPs, under the pretext of war, do not want to disclose the statements of officials to citizens, who may be shocked by what they see”, – commented the portal “Our Groshi”.

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