Transport industry in Sweden - Statistics & Facts
Although not as well known as Germany for its automotive industry, the country's largest company is automotive manufacturer Volvo. In additon to its automotive manufacturing sector playing a significant role, Sweden has seen growth in their automotive sales industry, with about 290,000 new passenger car registrations in 2023. In addition, there is an overall trend of growth in yearly sales revenue in the Swedish motor vehicle sector, reaching about 47 billion euros in 2022.
