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Bogdan Increases Automobile Sales 51% in 9M to 31,900 Vehicles

Bogdan Increases Automobile Sales 51% in 9M to 31,900 Vehicles

18 October 2008

Last week the company said its bus sales were up 45.7% over the same period. Olha Pankiv: Bogdan’s strategy of moving car production from LuAZ to Cherkasy Bus is becoming evident, as Lutsk Automobile (LuAZ) saw a 12.4% yoy drop in production in September. Instead we expect LuAZ to boost production of buses.

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