Volvo car sales in Sweden 2008-2018

Number of Volvo cars sold in Sweden from 2008 to 2018

by Julia Stoll, last edited Sep 19, 2019
Volvo car sales in Sweden 2008-2018 In 2018, close to 70 thousand Volvo cars were sold in Sweden. This was a decrease of more than five thousand vehicles when compared to the previous year, and the first time since 2012 that the company did not experience a rise in sales. Nevertheless, Volvo was actually the leading passenger car brand in Sweden that year, surpassing Volkswagen by more than 16 thousand sold passenger cars.

A national and global success

In Latin, Volvo means “I am rolling” - a word which perfectly describes the success of the company. Since the foundation of Volvo in Gothenburg in 1927, the company has continuously expanded its production to a range of different countries and continents, including Europe, China and the US. As of February 2019, Volvo AB and Volvo Car accounted for the highest turnovers of companies in Sweden, amounting to more than 500 million Swedish kronor altogether. Furthermore, Volvo is the fourth biggest employer in Sweden, employing roughly 100,000 persons.

Conquering China

As a consequence of the automotive industrial crisis from 2008 to 2019, Volvo Cars was sold to the Chinese Holding Group, Geely, in 2009. This was the first time in history that a Western car manufacture was owned by a Chinese company. So which changes might this takeover have for Volvo? While the revenue of Volvo passenger cars amounted to one billion U.S. dollars in China in 2014, sales are expected to exceed 11 billion U.S. dollars as of 2023. That is an impressive increase, since Volvo cars cost 99 percent more than an average car in China.
Show more

Number of Volvo cars sold in Sweden from 2008 to 2018

You need to log in to download this statistic
Register for free
Already a member?
Log in
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
Related Studies: Available to Download in PDF or PPTX Format
Automotive industry in Sweden
Automotive industry in Sweden

All Information
in one Presentation

Automotive industry in Sweden

Everything On "Automotive industry in Sweden" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Automotive industry in Sweden"
  • Manufacturing
  • Retail
  • Car sales
  • Leading brands: 1 - 10
The most important statistics
  • Leading brands: 11 - 20
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statista Accounts: Access All Statistics. Starting from $588 / Year
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.