Bogdan’s output falls 84% yoy in 2009
14 January 2010
Bogdan Motors (UX: LUAZ UK) made 14,393 ths automobiles in 2009, a decline of 83.7% yoy, company representatives announced yesterday, according to media reports. The automaker’s December 2009 output was 801 automobiles, vs. December 2008’s figure of 4,276. Yegor Samusenko: Bogdan Motors’ monthly output figures continue to remain down. The company increased its output to 1.5 ths of cars in summer months, but since October it has produced less than 1 ths cars per month.
