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New Cars in Finland

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    Report

  • 48 Pages
  • September 2025
  • Region: Finland
  • MarketLine
  • ID: 6049888
New Cars in Finland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
  • The Finnish new cars market recorded revenues of $2.4 billion in 2024, representing a negative compound annual growth rate (CAGR) of 4.5% between 2019 and 2024.
  • Market consumption volumes declined with a negative CAGR of 8.3% between 2019 and 2024, reaching a total of 71,288.0 units in 2024.
  • In 2024, Finland accounted for a share of 0.5% of the European new cars market.

Report Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in Finland
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Finland
  • Leading company profiles reveal details of key new cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Finland new cars market with five year forecasts

Reasons to Buy

  • What was the size of the Finland new cars market by value in 2024?
  • What will be the size of the Finland new cars market in 2029?
  • What factors are affecting the strength of competition in the Finland new cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Finland's new cars market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the strengths of the leading players?
7.5. What are the recent developments in the market?
8 Company Profiles
8.1. Geely Automobile Holdings Ltd
8.2. Toyota Motor Corp
8.3. Hyundai Motor Co
8.4. Volkswagen AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Finland new cars market value: $ billion, 2019-24
Table 2: Finland new cars market volume: units, 2019-24
Table 3: Finland new cars market geography segmentation: $ billion, 2024
Table 4: Finland new cars market value forecast: $ billion, 2024-29
Table 5: Finland new cars market volume forecast: units, 2024-29
Table 6: Finland new cars market share: % share, by volume, 2024
Table 7: Geely Automobile Holdings Ltd: Key Facts
Table 8: Geely Automobile Holdings Ltd: Annual Financial Ratios
Table 9: Geely Automobile Holdings Ltd: Key Employees
Table 10: Toyota Motor Corp: Key Facts
Table 11: Toyota Motor Corp: Annual Financial Ratios
Table 12: Toyota Motor Corp: Key Employees
Table 13: Hyundai Motor Co: Key Facts
Table 14: Hyundai Motor Co: Annual Financial Ratios
Table 15: Hyundai Motor Co: Key Employees
Table 16: Hyundai Motor Co: Key Employees Continued
Table 17: Volkswagen AG: Key Facts
Table 18: Volkswagen AG: Annual Financial Ratios
Table 19: Volkswagen AG: Key Employees
Table 20: Volkswagen AG: Key Employees Continued
Table 21: Finland Size of Population (Million), 2020-24
Table 22: Finland Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: Finland GDP (Current Prices, $ Billion), 2020-24
Table 24: Finland Inflation, 2020-24
Table 25: Finland Consumer Price Index (Absolute), 2020-24
Table 26: Finland Exchange Rate, 2019-24
List of Figures
Figure 1: Finland new cars market value: $ billion, 2019-24
Figure 2: Finland new cars market volume: units, 2019-24
Figure 3: Finland new cars market geography segmentation: % share, by value, 2024
Figure 4: Finland new cars market value forecast: $ billion, 2024-29
Figure 5: Finland new cars market volume forecast: units, 2024-29
Figure 6: Forces driving competition in the new cars market in Finland, 2024
Figure 7: Drivers of buyer power in the new cars market in Finland, 2024
Figure 8: Drivers of supplier power in the new cars market in Finland, 2024
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in Finland, 2024
Figure 10: Factors influencing the threat of substitutes in the new cars market in Finland, 2024
Figure 11: Drivers of degree of rivalry in the new cars market in Finland, 2024
Figure 12: Finland new cars market share: % share, by volume, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Geely Automobile Holdings Ltd
  • Toyota Motor Corp
  • Hyundai Motor Co
  • Volkswagen AG