Nissan Motor Ukraine resumes car supply from European warehouses

MOSCOW. Aug 12 (Interfax) - Nissan Motor Ukraine, a subsidiary of the Japanese corporation Nissan Motor, has resumed car supply to Ukraine from Nissan warehouses in Europe, and the first shipment has already been delivered, the Ukrainian media said with the reference to the importer's press service.

"This is yet another important step towards the resumption of the company's full-scale operations in Ukraine," the press service said on Friday.

At the end of May, the company resumed the delivery of spare parts, motor oils and car accessories from European warehouses.

Besides supplying cars, Nissan will be resuming the Nissan Financial Services loan program. Five-year loans will be available with an annual rate of 0.01% and up, and the minimal initial payment stands at 30%.

Nissan Motor Ukraine commenced operation in April 2005 as an importer and distributor of Nissan and Infiniti vehicles in Ukraine.

According to Ukravtoprom, the number of originally registered Nissan vehicles decreased to 89 in July 2022, as against 439 in July 2021 and 102 in June 2022. So, Nissan ranked 14th in the rating of new car sales, compared to the 8th position in June.

In 2021, Nissan sales in Ukraine grew 26% year-on-year to 4,815 vehicles, while the market of new cars grew 21% in general.

The company said in May that its dealerships were operating in all regions except for Mykolaiv, Kherson, Kramatorsk and Mariupol.