Volvo Cars to Pay Vehicle Registration Tax for All New Cars Sold in Sweden
Effective January 1, 2023
Move Aims to Simplify Car Ownership and Reduce Costs for Customers
Volvo Cars has announced that it will pay the vehicle registration tax for all new cars sold in Sweden, effective January 1, 2023. This move is aimed at simplifying car ownership and reducing costs for customers.
The vehicle registration tax in Sweden is a one-time fee that is paid when a new car is registered. The amount of the tax varies depending on the car's weight and emissions. For a typical family car, the tax can be as high as SEK 10,000 (US$1,000).
Volvo Cars is the first car manufacturer in Sweden to offer to pay the vehicle registration tax for its customers. The company says that the move is part of its commitment to making car ownership more affordable and convenient for its customers.
"We want to make it as easy as possible for our customers to own and drive a Volvo car," said Volvo Cars CEO Håkan Samuelsson. "By paying the vehicle registration tax, we are removing one of the biggest financial barriers to car ownership."
The move by Volvo Cars is likely to be welcomed by consumers in Sweden. A recent survey found that 70% of Swedish car buyers would be more likely to buy a Volvo car if the company paid the vehicle registration tax.
Volvo Cars' decision to pay the vehicle registration tax is a significant step forward for the company. It is a sign that Volvo Cars is committed to making car ownership more affordable and convenient for its customers.
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