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Sweden August 2022: Toyota RAV4 and VW ID.4 lead market up 3.9%, no Volvos in Top 10

The Toyota RAV4 is the best-selling vehicle in Sweden in August.

It’s a second consecutive positive month for the Swedish new car market at +3.9% year-on-year in August to 20,576 units. The share of rechargeable cars stands at 45.9% thanks to 9,440 sales (+1.2%) vs. 47.1% in August 2021. The includes 5,791 BEVs (+21.1%) and 3,649 PHEVs (-19.7%). Volkswagen (+31.2%) repeats at #1 with a splendid year-on-year gain leading it to 16.3% share vs. 11.7% so far this year. Toyota (+30%) is equally dynamic and advances three spots on July to land at #2 with Kia (-13.3%) in difficulty at #3. Mercedes (+14.8%) and Skoda (+41.7%) also shine whereas BMW (-0.2%) is stable. But where is Volvo I hear you ask. After plunging -54.6% on the year prior in August 2021 when it ranked #4, Volvo is down another -31.8% year-on-year for the month, meaning it can only muster a ghastly 7th place with just 5.2% share vs. 14.1% YTD. We know that August is a traditionally low month for Volvo with factories closed, but this is the first time we see the brand fall so low. It hasn’t ranked #1 at home since last May. Meanwhile Peugeot (+44.8%) and MG (+50.5%) are in great shape in the remainder of the Top 10 unlike Audi (-24.6%). Note Cupra outsells Seat for the 5th straight month with just two models: the Born and Formentor.

In the models aisle, the Toyota RAV4 (+13.5%) is up 11 spots on July to snap its very first Swedish pole position with 4.3% of the market vs. 2.3% so far this year. It is followed by two Volkswagens: the ID.4 (+18.3%) and T-Roc (+123.9%). The Kia Ceed (-41.7%) freefalls at #4 while the Golf (+66%) is up 20 ranks on last month to make it three VWs in the Top 5. The Nissan Leaf (+194.4%) is up 33 spots on July to a new record 6th place, eclipsing its previous best of #9 hit last November. The Kia Sportage is down two ranks to #7 while the MG ZS (+4.7%) remains in 8th place. The Skoda Enyaq (+187.8%) shows tremendous health at #9 with the VW Tiguan (+34.2%) also inspired at #10. Yes you have read well, there are no Volvos in the Top 10 for what we believe is the first time in Swedish history. The brand’s best-seller is the XC60 (+5.5%) down 10 ranks on July to #11. Notice also the Peugeot 2008 (+78.9%) up to #12, the Toyota Yaris (+43.6%) up to #15 and the Peugeot 208 (+285%) up t o #17.

Previous month: Sweden July 2022: Volvo XC60 #1, VW T-Roc up to record #2, Kia EV6 in Top 10, sales up 6.3%

One year ago: Sweden August 2021: Kia Niro and Ceed dominate, Volvo down to #4, sales off -22.4%

Full August 2022 Top 45 all brands and Top 255 all models below.

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