Month: January 2019
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The collapse of the automotive industry: the expert named the key points. Vika
There are several reasons why automotive production has declined by almost 50%. This was stated by Viktor Medvid, director of William Invest Expert consulting company. According to him, new cars cannot compete with imports, including used cars. In addition, there is virtually no effective demand for new domestically produced vehicles in the country. "The issue is that very expensive...
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Carriers mostly buy used vehicles and therefore new cars are not sold in Ukraine - expert
Most carriers buy used vehicles, which leads to the fact that new cars are practically not sold. This was stated by Viktor Medvid, director of William Invest Expert consulting company, in a commentary to GolosUA. "There are several reasons why the car production has decreased by almost 50%. The first reason is that cars cannot compete with those imported...