The automotive industry

The Swedish automotive industry is an essential part of Sweden’s economy. It generates half a million jobs of which about 136,400 are employed directly. 82,400 of them are found in the supply chain, which constitute almost 30 % of Sweden’s engineering industry. In total, it is estimated that the Swedish automotive industry exports are worth 180 billion Swedish kronor, which is equivalent to 12 % of total exports. Internationally, Sweden is also a unique country which, despite its modest size, has three vehicle manufacturers who are in many ways leading both in manufacturing and development- Scania, Volvo Lastvagnar och Volvo Personvagnar. More than 350 subcontractors in the automotive industry are represented by the Scandinavian trade association FKG; the Scandinavian Automotive Supplier Association.