The 9 millions Swedish are living with an average pro capite income of $ 40.600, one of the world's highest. Together with the others Scandinavian countries, Sweden is considered a global benchmark as democracy and sustainable economic growth. The country was hit by 2008 global financial crisis with a GDP drop of 5.3%, but the reaction was very fast (+ 5.7 and 4.4 respectively in 2010 and 2011).
In the past, automotive sector was really important for the country, but today Saab is under bankrupt, while Volvo is owner by Chinese Geely after a difficult period under Ford Group umbrella. Car production in Sweden is declining and in 2011 only 189.000 light vehicles were produced here.
November 2013 was marginally negative for the Swedish car sales with year to date figures still down from last year. Volvo sales kept going well, while this month Renault and Peugeot performance was outstanding while Ford collapsed.
October 2013 confirmed the new positive trend started in the Swedish summer and the Car market posted a 7.2% growth compared with twelve months ago. Volvo kept recovering space while Toyota gained two points of share on Yaris tremendous performance.
In September 2013 Swedish car market rose 7.2%. Following the awful performance reported in the last month, when market share dropped behind Volkswagen's, Volvo was very aggressive in sales, keeping back market leadership fixing share above 19%.
August 2013 sales in Sweden were up 2.6% from last year, reducing a bit the year to date loss. The month risk to be a milestone for the Volkswagen performance and for Volvo loss of leadership in the domestic market.
June 2013 car sales in Sweden fell 10.5%, keeping the pace with the trend and ending the first half of the year losing 9.6% from the previous year. Renault was the Winner of the Month, pushed up by strong demand on Megane.
The Swedish car market in May 2013 posted flat sales from last year, while year-to-date performance was down 9.9%. Volvo recovered 20% of market share while Volkswagen in second placed the Passat as second Top selling model.
In April, the car market in Sweden was slightly positive breaking the negative row. However, YTD April 2013 sales were down 12.1% from last year. Volkswagen reduced the gap from Volvo, pushed up by Passat and Golf sales.
March bring another double digit decline for the car market in Sweden with a 13.9% drop from last year. The first quarter is stored with a 17.5% loss and further negative future perspectives. Toyota leapt up pushed by Avensis advance in 7th place.
In February the Swedish car market confirmed the long negative trend, posting a 13.9% drop from last year. Volvo gained share pushed by V40 success, while Audi in third place confirmed the positive start of the year and Kia Cee'd jumped in 7th place.
January was an horrible start for the Swedish car market which posted a 15.9% drop from last year. Volvo gained share thanks to new V4o while Renault was strong thanks to the new Clio, which surged in 7th place, second among imported.
The Swedish car market in December was up 5.1%, only partially reducing the gap with last year. Full Year 2012 closed with a loss of 8.4%. While Volvo ended the year stable on top of the market, Volkswagen further reduced the gap for the leadership.
In Sweden, November reported the 12th year-on-year drop in a string for the domestic car market and the year was failing 9.6% from the previous. After Saab bankruptcy, Volvo was forced to reduce production with all the automotive sector struggling to survive.
In October, the Swedish car market posted the 11th y.o.y. drop in a string, with 24.028 sales, down 4.1% from last year. Year-to-date sales were 227.675, down 10%. BMW share was 1.0 points up, while Peugeot was struggling.
The Swedish car market posted 21.937 sales, down 17.5% from last year. Year-to-date September sales were 203.711, down 10.5%. Following the August debacle, Volvo recovered in September achieving 20.0% of share and the usual leadership.