Bogdan Motors increases automobile output by 26.4% y-o-y in 9M11

Bogdan Motors (UX: LUAZ UK, U/R) raised its automobiles output by 26.4% y-o-y to 15,863 units in 9M11, the company reported yesterday in a press release. September output was 2,312 automobiles, up 29.7% y-o-y and 12.6% m-o-m. Bogdan Motors also produced 65 buses/trolleybuses and 414 commercial cars in 9M11. In September the company made 27 buses/trolleybuses, up 2.3x m-o-m, and 75 commercial cars, up 67% m-o-m.