Bogdan Motors cuts automobile output by 48% m-o-m in October

Bogdan Motors (LUAZ UK) decreased its passenger vehicle output by 50.2% m-o-m to 1,151 units in October, and total vehicle output dropped by 47.9% m-o-m to 1,262 units, the company reported yesterday in a press release. Total passenger vehicle output increased by 15% y-o-y to 17,015 units in 10M11. Production of buses and trolleybuses also decreased by 20.6% m-o-m to 27 units in October, with total bus/trolleybus output of 121 units for 10M11. Commercial vehicles were the only segment to grow in October, with a 12% m-o-m production increase to 84 units. Total commercial  vehicle output reached 499 units for 10M11.