Norway July 2022: MG (#5), BYD Tang (#6) break records in market off -31%
The BYD Tang is up to a record 6th place in Norway in July.
The Norwegian new car market endures a harsh -31% year-on-year loss in July to just 7,247 sales, meaning the year-to-date tally is now down -19.8% to 75,752. BEV are down -23.9% to 5,123, seeing their market share go up from 64.1% a year ago to 70.7% this month. YTD BEV sales are up 8.2% to 59,300 units and 78.3% share vs. 58% over the same period in 2021. PHEV sales are down -58.9% year-on-year to just 890 and 12.3% share vs. 20.6% a year ago and off -69.1% year-to-date to 9.6% share vs. 24.8% last year. HEV sales resist better at -10.2% to 655 and -41.9% YTD at 3,906. In total, electrified vehicles hold 92% of the market vs. 91.6% in July 2021. Petrol sales are at 3.4% share for the month vs. 4.3% a year ago and diesel sales at 4.6% vs. 4.1%.
Over in the brands ranking, Volkswagen (+16%) goes completely against the market with a splendid year-on-year gain propelling it to 16.5% share vs. 10.3% year-to-date. Skoda (+11.3%) also defies the market in second place vs. #7 so far this year. Toyota (-25%) is frankly down but less then the market at #3 and accelerates to #4 year-to-date. Hyundai (-41.4%) suffers whereas MG (+88.1%) is up 8 spots on June to #5, signing the largest year-on-year gain in the Top 20. This is a new Norwegian ranking record for MG, eclipsing the #6 it hit in November 2020. It is also a share record at 6.3%. The rest of the Top 10 all fall faster than the market: Ford (-74.8%), Volvo (-71.6%), BMW (-64.5%), Mercedes (-46.6%) and Audi (-43.5%) are all in deep trouble. Below, BYD climbs up four spots to #11 while Citroen (+48.2%), Suzuki (+48.4%) and Porsche (+16.7%) swim upstream. Although up 1025% on June 2021, Tesla falls to #23 and 0.6% share but holds onto the #1 YTD spot with 10.7% of the market.
After ranking #2 three times, the Skoda Enyaq (+20.6%) posts its first ever monthly win in Norway with a fantastic 9.3% share. It climbs to #3 year-to-date as a result vs. #8 over the Full Year 2021. The VW ID.4 (+47.8%) follows closely and cements its 2nd place YTD. The Hyundai Ioniq 5 (-42.8%) loses almost half its July 2021 volume but is up 8 spots month-on-month to #3. It is followed by the MG ZS (+15.5%) up 35 ranks on June just a the BYD Tang climbs 6 spots to a new record 6th place overall, beating its previous best of #8 reached in October 2021. The VW ID.5 is up 22 ranks to lodge its first Top 10 finish at #8 after only three months of sales. The Toyota Yaris Cross is up 67.2% year-on-year and 35 spots on June to #9, making it three recent launches in the Top 10.
Previous month: Norway June 2022: Tesla Model Y holds 17% of market down -26.9%
One year ago: Norway July 2021: Ford Mustang Mach-E, Skoda Enyaq and Hyundai Ioniq 5 on podium, sales sales up 7.5%
Full July 2022 Top 45 all brands and Top 190 all models below.