06 January 2022

Finland Sales : 2021










Registrations for December 2021 were -20% while the year-to-date figure is +2%. The early part of the year looked promising but a shortage of semiconductors (chips) put a damper on things. Sales have fallen well short of pre-covid levels and no better than a subdued 2020. 

The '+/-' column below is comparing market share variance 2021 with a full 2020.  Toyota consolidated its lead at #1 and Kia did well too. There's a fair bit of fluctuation going on in a country that's not known for such. Obviously, supply is often a determining factor.

Point of interest: With new cars in short supply, late model used cars are in much greater demand. This isn't an unusual situation as many countries are seeing the same trend but something affluent nations like Finland are adjusting to.

If someone wants to change their car and doesn't wish to wait, they are now willing to pay good money for one. This becomes great news for those wishing to sell a late model vehicle as depreciation is a very expensive part of car ownership. Besides, when a new car does arrive it may have less tech than a late used one as manufacturers try to eke out their supply of semiconductors.

Data source: Autolan Tiedotuskeskus.

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