Bogdan Automobile Plant raises car output 63% yoy in 1H08

Yesterday Bogdan Automobile Plant (LUAZ: BUY) posted its production results in 1H08.

                                1H07    1H08  yoy,%
Total cars:              25,336   41,369     63
KIA                         7,989    13,615     70
Hyundai                  6,466    16,205    151
VAZ                        10,881   11,549      6
Trucks                       163     1,139     599
Buses/Trolleybuses     146      412      182

Inna Perepelytsya: The company’s (LUAZ: BUY) midterm production results are in line with our full-year expectations of 93 ths total cars in 2008.