Automotive industry in Ukraine

by Roman Cheplyk
Tuesday, January 25, 2022
Automotive industry in Ukraine

The automotive industry in the modern context is the branch of manufacturing that deals with the design, development, production, marketing, and servicing of motor vehicles

 Since independence, the automotive industry has been one of the most rapidly growing sectors in the Ukrainian economy. Ukraine can be viewed as an excellent opportunity for automobile investors.

The automotive industry in Ukraine is not as well known and developed as the industry sectors of other European countries but remains a priority exporter and has decreased its dependency on imported parts. Automotive companies also offer an essential source of employment for Ukrainians, given their large size and global significance.

Automobile manufacturing companies in Ukraine produce everything from cars and trucks to buses and agricultural vehicles. The country is nearly self-sufficient in meeting its own auto production requirements, including the assembly of complete knockdown (CKD) kits.

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