(MENAFN) Industrial data showed that Ukraine's new auto sales dropped to a 14-year low last month on political disputes and economic crisis in the country, Xinhua reported.
A total of 2,579 units were sold in the country in March, down 76 percent from the year-ago period. In the first quarter period, auto sales were down 78 percent, with 8,867 units sold.
Passenger cars were the primary driver of Ukraine's auto sales in the first quarter, accounting for 88 percent of the total market, the Ukravtoprom Analysis Group said in a report.
The weakening demand for new cars in Ukraine was triggered by the conflict in the country's eastern regions, and the conflict also caused financial turmoil which hurt creditworthiness of the banks.
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