Overview of the Swiss Leasing Market for the first quarter of 2023

27.04.23

Our LeaseTeq finance team has been closely monitoring the developments in the Swiss leasing market during the first quarter of 2023 and this is what we can say.

New vehicle registrations in Switzerland for 2023

According to the Swiss Federal Statistics office, new vehicle registrations in Switzerland rose in January and February 2023 by 3% YoY each month. This displays the stable demand for new vehicles from the Swiss consumer even in the current inflationary environment. 

In February 2023,

  • Electric vehicles registrations increased by 6% YoY;
  • Conventional hybrids registrations increased by 22% YoY; and
  • Combustible petrol engines registrations increased by 4% YoY.

LeaseTeq is proud to support the change to sustainable mobility with a focus on EVs, but including all types of modern drivetrains. We are certain that a long period of variety is ahead of us.

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