Trends in the automotive industry 2023 – our analysis

Pandemic, supply issues, war and rising inflation. While it's not the most unfortunate thing for the automotive industry in difficult times, it's been a challenging couple of years for the industry at large. Here's our trend scouting and analysis for 2023!

The high demand for used cars that we have seen in recent years has continued into 2022. It is only at the end of the year that we now see a more wait-and-see market.

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In general, fewer used cars were sold in 2022, compared to previous years. Which is due, among other things, to a reduced number of new car sales. And this decrease is partly due to delivery problems, which means that companies are not able to change cars to the same extent as before. In addition, the bonus-malus changed in the spring of 2021, which boosted sales last year and this also affects the comparison.

And partly, they have been holding on tightly to their leasing contracts and waiting for new information. And new information, it all came crashing down at the beginning of November!

The abolition of the climate bonus - something we remember from this year

The government removed the climate bonus and rarely (ever?!) have more electric cars been sold in 24 hours. From our perspective, we see that the rule change affects a trend we have already seen for a long time: That the demand for used electric and plug-in hybrids will continue to increase.

Intelligence: 2023 will be about the used electric car

According to the Chinese calendar, we will enter the year of the rabbit in 2023. According to Kvdbil's calendar, we will enter the year of the used electric car. Manufacturers have adjusted and the technology is now mature enough to attract not only early adopters but also the average car owner.

The price development of used electric cars is going against the trend and increasing. Demand is also increasing, we see that more and more people are searching for electric car models in our digital car showroom. Models such as the BMW i3, VW Passat GTE and Renault Zoe are all highly sought after.

That said, it must be borne in mind that sales of used electric cars and plug-in hybrids only correspond to 5 percent of total used car sales in Sweden this year. But we believe 2023 will be the year when sales of used electric cars really take off!