OREANDA-NEWS  On 02 October was announced, that new car sales became a victim of the tightening of bank lending. Despite an overall fall in car prices, the car sales in August dropped by 11.4% compared to July to 52,000 cars.

During the past 3 years, Ukraine has experienced consistent growth in new car registrations and there is now a fear that the shortage of bank liquidity could confound the Autumn sales forecasts. We perceive this as negative news for the Ukrainian car manufacturers.