Finland Automotive Industry Outlook 2022 - 2026

Key Market Indicators

Finnish Vehicle Registration is forecast to decline over the next five years. By 2026, it is expected to reach 111,760 Units, a decrease of 1.3% from 2021. This follows an average annual decline of 3.7% since 2010. Meanwhile, Vehicle Production in Finland is forecast to grow over the next five years. By 2026, it is expected to reach 158,180 Units, an increase of 3.9% from 2021. This follows an average annual increase of 20.9% since 2002. Finland was ranked 38th in 2021, behind the Philippines (123,730 Units). The United States, Japan and India occupied the top three spots in this ranking.

Finland Automotive Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Automotive Financing: Unveiling Trends and Opportunities in Leasing and Loan Markets

  Automotive funding, a crucial sector of the automotive industry, is witnessing a paradigm shift in its operating model driven by changes in customer preferences and technological advancements. Strong growth in new vehicle sales and rising used car prices are fuelling growth in this sector. The primary role of auto leasing...

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• Automotive Industry: Comprehensive Insights into New Car Dealers and Vehicle Parts Retailing

  The new car dealership segment in the automotive industry continues to demonstrate a growth trajectory. This can be attributed to factors such as a rise in consumer demand driven by an improved economic outlook, low-interest rates, and an expansion in car ownership in emerging markets. Digitalization has redefined traditional sales...

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• Auto Repair and Body Shops: Navigating Future Challenges and Opportunities

  The vehicle repair industry is poised for significant shifts driven by emergent technologies. Innovations in automotive design, such as electric and autonomous vehicles, are demanding new skills from mechanics and body repair professionals. In conjunction, technologies to streamline shop operations, like digital diagnostics and advanced management software, are increasingly integral...

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• Vehicle Rental and Repair: An In-depth Exploration of Industry Dynamics

  The vehicle rental and repair industry has made significant strides over the past years, prompted by technological advancements, changing consumer behaviours and evolving business models. The industry is a key pillar to transportation needs in various geographical regions, fulfilling short-term mobility needs. Economy dynamics, especially urbanization and tourism activities, chiefly...

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• Insights into the Evolving Caravan, Trailer, and Motor Vehicle Body Manufacturing Sector

  Substantial technological advancements and a rising regard for recreational activities are driving the development in the motor vehicle body, caravan and trailer manufacturing sector. Increasingly, consumers opt for these vehicles as a lifestyle choice, valuing their ability to provide comfort, freedom, and connectivity on the road. The growth of this...

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