Sweden November 2022: Volvo XC40, C40, Polestar 2 break records, sales up 21.5%

The Volvo C40 is up to a record 4th place at home.

The Swedish new car market is up 21.5% year-on-year in November to 25,588 registrations, keeping in mind November 2021 was down -20.7% on the year prior. The year-to-date tally is now down -7.6% to 252,611 units. Rechargeable cars smash their record share this month at 64.6% thanks to sales up 44.5% year-on-year to 16,518. That includes 10,868 EVs (+98.8%) and 5,650 PHEVs (-5.2%).

Volvo (+44.4%) posts a very strong month at 18.8% share vs. 14.7% year-to-date, just as Volkswagen (+28.7%) and Toyota (+49.8%) also shine. Kia (-21.4%) is in difficulty in 4th place with just 8.2% share vs. 10.8% so far this year. Audi (+154%) shoots up to 5th spot with 5.9% of the market vs. 4.8% YTD. MG (+199.7%) manages the largest gain in the Top 10 at #10 and if Skoda (+19.8%), Mercedes (+19.1%), Renault (+16.7%) and BMW (+14.8%) all score double-digit upticks, they are below the market average. Polestar (+38.1%) hits a new ranking record at home at #12. Mazda (+196.7%) and Tesla (+84.3%) fly off while Cupra (+425.8%) annihilates sister brand Seat (-66.5%) by 3.3 sales to 1. Chinese newcomer BYD cracks the Top 30 at #29.

The Volvo XC40 (+130.4%) more than doubles its sales year-on-year to reclaim the top spot it holds year-to-date with a massive 7.1% share, a new record. The Volvo XC60 (+25.2%), #1 last month, is knocked down to #2 head of a soaring VW ID.4 (+56.3%) advancing to #5 year-to-date as a result. The Volvo C40 (+673.5%) celebrates one year in market by surging to new heights, breaking its ranking, volume and share records. The Toyota RAV4 (+75.1%) and Polestar 2 (+38.1%) complete a Top 6 entirely beating the market, the latter hitting a new ranking record. Notice also the Kia Sportage (#8) and Tesla Model Y (+193.4%) making waves in the remainder of the Top 10.

Previous month: Sweden October 2022: Volvo back to #1, XC60 best-seller, market up 12.1%

One year ago: Sweden November 2021: Kia (+57.1%) places Ceed #1 and EV6 #12 in market off -20.7%

Full November 2022 Top 50 all brands and Top 257 all models below.