Lutsk Automobile Plant

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In the beginning of the new century, Lutsk Automobile Plant almost ceased its own production of cars and shifted to large-unit assembling of cars out of Russian auto sets. The enterprise intends to invest the means received from this assembly into the production of its own car model – the LUAZ-1301.

The strategic decision to restore the production of Ukrainian cars has been taken, but the market potential is not yet estimated. Therefore, in October 2005 the enterprise commenced large-unit assembling of cars under the KIA and HYUNDAI trademarks. In the last three months of 2005 only, the plant assembled more than a thousand of cars out of Korean car sets.

The total output of cars in 2005 was 30,690 vehicles, which was 39.4% more than from the results of 2004.

Table 3. Car production by Lutsk Automobile Plant – results of 2005, by-class pattern.

Class
Production volume, vehicles
VAZ
29589
KIA
693
HYUNDAI
408

The VAZ-2109 is presently the cornerstone of the enterprise's assembling program; yet, in the future it will be gradually replaced with contemporary Korean cars. At this stage, the active export of cars is not in the company's plans, and partnership with foreign partners will mostly embrace production cooperation – that is, assembling of cars from imported components.

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