Finland February 2024: Sales down -12.7%, Toyota (+27.2%), Hyundai (+35.4%) stand out

Toyota Yaris Cross sales are up 182.1% year-on-year in February.

The Finnish new car market endures another disappointing month in February at a harsh -12.7% year-on-year to just 5,274 registrations. The year-to-date volume is off -10.4% to 11,767. Toyota (+27.2%) defies the negative outlook with a more reasonable 18.9% share after reaching 23.5% last month. Skoda (-0.3%) is stable and stays 2nd ahead of Volvo (-8.6%) and Kia (-5.3%). The Top 5 is unchanged on last month with Volkswagen (-37.5%) imploding at #5. Hyundai (+35.4%) is the only remaining Top 10 member in positive (making it just two). Tesla is down -37.7% and newcomer BYD is up to #15 with 1.1% share.

Model-wise, the podium is unchanged on January with the Toyota Corolla (-5.2%), Skoda Octavia (+86.5%) and Toyota Yaris Cross (+182.1%) in the lead. The Tesla Model Y (-34%) is hit hard at #4 while the Toyota Yaris (+55.6%), Volvo V60 (+92.4%) and Nissan Qashqai (+39.8%) all defy the surrounding gloom and complete the Top 7. The Toyota RAV4 (+163.6%), BMW X1 (+144.4%), Mercedes GLC (+111.1%), Kia Sportage (+71.1%) and BMW i4 (+45.6%) also shine below. The Volvo EX30 makes its first appearance inside the Finnish Top 20 at #20 while the VW ID.7 drops 6 spots on January to #32.

Previous month: Finland January 2024: Toyota up to 23.5% share, VW ID.7 up to #25 in negative market

One year ago: Finland February 2023: Toyota Corolla and Tesla Model Y on top, Polestar 2 up to #7, market in negative again

Full February 2024 Top 30 brands and models below.