03 January 2024

Sweden Passenger Car Sales : 2023










Registrations for December were down 17% and barely managed to get into positive territory with a 1% gain for the year. Delayed deliveries for vehicles were finally being met earlier in the year hence the weaker end to the year. 

Electric cars amounted to 39% of the market and plug in hybrids 21% which combines to just under 60%. 2024 is expected to see a fall in that percentage share with private sector take up softening despite strong business sales. This is due to the ending of a climate bonus scheme, which encouraged private buyers toward electric cars of some sort. 

The 'Diff' column shows market share change which would also reflect whether registrations were up or down in volume. Volvo remains well ahead of the rest despite being down. VW and Kia were also down but Toyota improved its share ever so slightly. Tesla impressed with its move into the top five. Chinese brands are now appearing in ever greater numbers. 

Cupra's 2022 figure is not a full one, with some sales falling under SEAT. The 2023 is much closer but may be a tad low too. The issue will be sorted out in 2024. 

Data Source: Mobility Sweden.

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