Friday 10/23/20
BUSINESS

Car sales improve in Finland after eight months of decline

The aggregate business results for 2020 continue to reflect the economic problems caused by the Covid-19 virus.
White-mercedes-benz-cars

Passenger car sales in Finland remained practically stable in September, after eight very difficult months for the business, in which sales fell first at the beginning of the year due to consumers' fear of a recession and later due to the devastating effects of the coronavirus pandemic on the economy.

This destructive development was halted in September, according to Statistics Finland's figures. A total of 14,556 new motor vehicles were registered last month, of which 9,888 were automobiles. First registrations increased by 6.6% from the corresponding month of the previous year.

The number of new passenger cars registered was 8,424, which was just 0.2% down from the year before. The year-on-year drop is not significant when compared to those registered since April.

The share of new diesel-driven passenger cars was 11.9%.

Passenger-cars-registration-September 2020

Source: Statistics Finland.

January-September

Despite the September figures, the aggregate business results for 2020 continue to reflect the economic problems caused by the Covid-19 virus. In the January to September period a total of 131,664 vehicles were first registered. Compared to the year before, there was an decrease of 10.4%.

Similarly, the number of passenger cars first registered in the January to September period was 73,403, which is 16.5% down from the year before.

The most common passenger car makes first registered in the January to September period were Toyota, Skoda and Volkswagen.

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