KIEV, Sept. 23 – The volume of auto loans issued in August fell by 13% compared to July due to the toughening of the credit policy of banks, coupled with a rise in interest rates and down payments, the Auto-Consulting analytical group reported.

"In August, there was a 13% fall in the number of credits issued to buy cars even in the light of a 'difficult' July. Various market segments slumped by 50% and more," the report said.