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.

Finland February 2024 – brands:

PosBrandFeb-24%/23Jan2024%/23PosFY231Toyota99718.9%+ 27.2%12,52121.4%+ 7.4%112Skoda61511.7%– 0.3%21,35511.5%+ 10.7%223Volvo56310.7%– 8.6%31,22410.4%– 3.3%344Kia4458.4%– 5.3%49217.8%– 5.1%455Volkswagen3466.6%– 37.5%57676.5%– 34.7%536BMW3266.2%– 15.5%77126.1%– 9.9%787Mercedes3105.9%– 4.3%67296.2%– 14.9%678Tesla2384.5%– 37.7%114073.5%– 5.6%1169Nissan2154.1%– 13.3%85614.8%+ 5.8%81010Hyundai1953.7%+ 35.4%94643.9%+ 34.5%91111Audi1943.7%– 19.5%104613.9%– 18.3%10912Ford1573.0%– 36.2%122842.4%– 36.6%121213Peugeot841.6%– 42.5%251090.9%– 58.7%151314Dacia611.2%– 21.8%20930.8%– 41.1%191815BYD581.1%new181010.9%new17n/a16Mitsubishi551.0%+ 52.8%161171.0%+ 17.0%142117Suzuki521.0%+ 10.6%141201.0%– 21.6%132018Mazda420.8%– 60.0%151050.9%– 47.8%161619Opel330.6%– 76.8%22620.5%– 76.8%221420Renault310.6%– 56.9%19640.5%– 56.2%211921Lexus300.6%+ 66.7%17780.7%+ 47.2%202422Honda290.5%+ 16.0%28460.4%– 20.7%262923Citroen260.5%– 62.9%131000.8%– 48.5%181524Porsche240.5%– 4.0%23520.4%– 3.7%232725Land Rover240.5%+ 26.3%27460.4%+ 21.1%252326Cupra230.4%– 23.3%24490.4%– 18.3%242227Subaru220.4%– 31.3%26450.4%– 25.0%272628Mini190.4%+ 533.3%29350.3%+ 400.0%292829Fiat120.2%+ 50.0%n/a150.1%+ 7.1%303030Polestar110.2%– 91.3%21410.3%– 83.2%2817 –Others 300.6%n/a –580.5%n/a – –

Finland February 2024 – models:

PosModelFeb-24%/23Pos2024%/23PosFY231Toyota Corolla3446.5%– 5.2%17796.6%– 34.4%122Skoda Octavia2915.5%+ 86.5%26485.5%+ 145.5%233Toyota Yaris Cross2204.2%+ 182.1%35544.7%+ 209.5%384Tesla Model Y1923.6%– 34.0%103152.7%– 2.8%715Toyota Yaris1823.5%+ 55.6%44623.9%+ 14.9%466Volvo V601522.9%+ 92.4%361951.7%– 18.4%11197Nissan Qashqai1512.9%+ 39.8%63683.1%+ 65.8%6158Volvo XC401472.8%– 15.5%53783.2%– 0.8%579Toyota RAV41162.2%+ 163.6%92692.3%+ 31.2%9910Volvo XC601112.1%– 52.2%73092.6%– 15.8%8511Kia Ceed1082.0%+ 3.8%151921.6%– 6.3%121212BMW i4991.9%+ 45.6%191701.4%+ 14.9%171113Skoda Enyaq921.7%– 36.6%141811.5%– 45.8%15414Toyota C-HR821.6%– 25.5%82592.2%+ 20.5%101415Audi Q4791.5%+ 9.7%131831.6%+ 36.6%141616Mercedes GLC761.4%+ 111.1%121851.6%+ 285.4%133917Kia Niro681.3%– 13.9%181411.2%– 14.0%182318BMW X1661.3%+ 144.4%201351.1%+ 285.7%203319Kia Sportage651.2%+ 71.1%211321.1%+ 14.8%213020Volvo EX30611.2%newn/a1020.9%new2821021VW Golf581.1%+ 56.8%291121.0%+ 27.3%232522Volvo C40541.0%– 27.0%161381.2%– 20.2%191723Ford Kuga531.0%– 31.2%n/a860.7%– 31.2%333124Skoda Fabia500.9%– 12.3%321020.9%– 12.8%274925Kia Rio490.9%n/an/a870.7%– 9.4%322926Hyundai Ioniq 5480.9%+ 54.8%111701.4%+ 28.8%164027Hyundai Kona450.9%+ 50.0%271020.9%+ 183.3%264128Tesla Model 3450.9%– 48.9%35900.8%– 9.1%311829Skoda Kamiq440.8%– 22.8%171201.0%– 15.5%222730VW Passat430.8%n/an/a810.7%+ 97.6%355631Kia Stonic420.8%– 30.0%231040.9%– 11.9%242232VW ID.7420.8%new261020.9%new25n/an/aSkoda Karoq380.7%– 24.0%30920.8%– 14.8%3044n/aSkoda Superb360.7%– 30.8%24970.8%+ 0.0%2926n/aCitroen C3160.3%– 65.2%22810.7%– 43.0%3453

Source: AAT

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