Sweden's best-selling car not a Volvo

Last updated: January 3, 2017

Gothenburg, Sweden (BBN) - Sweden's best-selling car in 2016 was not a Volvo - the first year that has happened in more than half a century.
Instead the Volkswagen Golf topped sales, according to the country's carmakers association. The Golf made up 5.9% of new cars bought in the country, reports BBC.
Volvo had a 5.7% slice of the sales, spread across three models.
The last time Volvo was not in the top spot was 1962, when a Volkswagen Beetle headed the list.
Despite Volvo's car business now being owned by a Chinese firm, Zhejiang Geely Holding Group, it is still viewed as an iconic Swedish brand.
And it still has the largest share of the country's overall car market, with more than one in five cars (21.5%) on Sweden's roads, compared with Volkswagen's 15.7%.
The association said 2016 saw record car sales with 372,000 new registrations, up by 8% on the 2015 figure, helped by a strong economy.
BBN/MS/ANS

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram