KIEV, Dec. 29 ??“ Ukraine's car making industry will boost production 11% on the year in 2005 to 200,000 cars in 2005, up from 180,000 cars produced in 2004, Yuriy Yakovenko, the head of the automotive department at the Industrial Policy Ministry, said.
The pace of growth is less than a half of what had been originally expected and is the result of canceling tax breaks that the domestic industry had enjoyed for the past several years, he said.
|