Year-on-year variations: -3.47% (2025), -3.71% (2026), -3.74% (2027), -3.76% (2028); Compound Annual Growth Rate (CAGR) for 2024-2028: -3.67%.
The Finnish motor vehicles sector is projected to experience a steady decline in turnover from €9.5 billion in 2024 to €8.18 billion by 2028. This trend reflects evolving consumer preferences, increased adoption of public transportation, and potential economic headwinds.
- Shift towards electric vehicles.
- Impact of tightening emission regulations.
- Economic factors and consumer spending behaviors.