(KYIV, UKRAINE) – The share of new petrol powered passenger cars sold in Ukraine rose to 38.7 percent of the market in July 2026, up from 35.1 percent in the same month a year earlier, according to data released by the Ukrainian Motor Vehicle Manufacturers Association, Ukravtoprom. Vehicles fitted withContinue Reading
(KYIV, UKRAINE) – Diesel prices at Ukrainian petrol stations continued to rise on 28 July, increasing pressure on transport companies, businesses and consumers, while average petrol prices recorded a small decline. The average price of A 95 petrol fell by UAH 0.04 per litre to UAH 80.87 per litre, whileContinue Reading
(KYIV, UKRAINE) – Ukraine’s taxi and ride hailing market is growing rapidly but more than 90% of drivers continue to operate outside the formal economy, according to a new study examining the economic impact of proposed reforms in the sector. The Ukrainian ride hailing market generated about US$1 billion, equivalentContinue Reading
(STUTTGART, GERMANY) – Porsche will cut an additional 5,000 positions at its operations in the Stuttgart region by 2035 as the German sports car maker pushes to bring down personnel costs and reshape its workforce for a more flexible and productive future. The latest reduction forms part of a widerContinue Reading
(SÃO PAULO, Brazil) – Only three in every ten vehicles in Brazil carry insurance, leaving 71 percent of the country’s car fleet without cover. Data from the National Confederation of Insurance Companies shows that 44 million vehicles circulate without protection against theft, robbery or accidents. The main reason cited forContinue Reading
(VALENCIA, SPAIN) – Ford and Chinese automaker Geely Auto have announced plans to jointly produce low and zero emission vehicles at Ford’s factory in Valencia. The partnership aims to revive Ford’s position in the European market as it faces intensifying competition from fast growing Chinese rivals. The joint venture, whichContinue Reading
(KYIV, UKRAINE) – A Ukrainian engineering group has mastered the overhaul of American Detroit Diesel 8V71T engines used in M109 self propelled howitzers, applying a repair standard common across NATO countries. The move helps secure artillery readiness as demand for these power units rises globally. The work is carried outContinue Reading
(BRUSSELS, BELGIUM) – Battery electric vehicles outsold petrol cars across the European Union for the first time in a single month, according to fresh registration data for June 2026. The figures mark a turning point in the region’s automotive market as the shift away from traditional fuels gathers pace. TotalContinue Reading
(KYIV, UKRAINE) – Pump prices across Ukraine rose sharply on Friday, with the average cost of A-95 petrol climbing above the 80 hryvnia mark and diesel jumping by more than two hryvnias per litre in a single day. Data published by the monitoring portal minfin.com.ua and reported by Ukrinform showedContinue Reading
