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 CAR SALES  | EUROPE | AID DATA
Sweden | July says all change for higher tax new car market 
Published: Tue, 07th August 2018 19:53:18 GMT  
 

Sweden diesel plug-in sales mix July 2018 Bonus Malus

Since the start of July, higher taxed conventionally powered cars and diesels in particular are having a hard time wooing the average Swedish new car buyers. One consequence of these steep July 1 vehicle tax hikes, allied to a maximum possible SKR60,000 (€5,800) government grant for a qualifying BEV and PHEV, Sweden’s July sales of plug-ins (BEVs & PHEVs) soared by 107 per cent. For July, expressed in market share terms, plug-ins captured 18.8 per cent compared with 4.6 per cent in July last year

What a difference a month makes. 

This July, the first month of Sweden’s brand-new annual vehicle taxation scheme, the vast majority of Sweden’s new car buyers firmly kept their wallets shut. 

That’s of course not unexpected and is due principally to the frantic pre-buying rush in June. 

Compared with a year –ago, July’s new car sales plunged to half the levels seen during the same month. 

But July’s sales figures, under closer scrutiny already provide a foretaste of what Sweden’s car buying future has in store. 

AID reports.


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MORE ARTICLES LIKE THIS:

| Sweden’s July steep vehicle tax hike sparks last minute June car sales frenzy 03 Jul 2018


| UK today’s biggest European market PHEVs  29 Jun 2018


| Looking better, but genuine BEV take-off remains distant promise  20 Jun 2018

 

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