Ukrainian Auto Industry Drastically Scaling Back in December
According to the Ukrainian news agency ‘RBK-Ukraine’, in the coming weeks almost every vehicle manufacturing plant in the Ukraine will close down. The vice-president of “UkrAutoprom” (Association of the Ukrainian motor vehicle manufacturers) Jukhim Khazan has stated that in mid-December 2008 production will halt at most automotive factories in the region. “Nearly all the facilities will stop production,” he said. “Neither AutoKraZ Holding’s nor ZAZ (Zaporizhia Automobile Building Plant) facilities will remain manufacturing. Boryspil Autoplant has already suspended production. These plants will be followed by assembly enterprises.”