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.
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.
In August the Swedish car market posted 21.065 sales, down 13.6% from last year. Year to date sales August sales were 181.700, down 9.6% from last year. Volkswagen took the market leadership outpacing Volvo with 18% of share.
In June, the Swedish car sales were 25.502, down 7.2% from last year. It was the 7th year-on-year decline in a string. Year to date sales at June were 142.573, down 9.2% from last year. Volvo at 18.7% of share
Full year 2011, light vehicle industry achieved its all-time volume record at 351.000. Market was a bit over previous record achieved in 2007, but 7% over 2010. The car passengers were 305.000, while LCV were 46.000.