Norway October 2022: VW ID.4 leads, Toyota bZ4X in Top 20, sales up 8.5%

The Toyota bZ4X is up to #16 in Norway in October.

The Norwegian new car market is up 8.5% year-on-year in October to 12,558 registrations, which means the year-to-date volume is now down -17.9% to 115,319 units. Surprisingly, BEV sales gain 19.8% to 9,727 and 77.4% share vs. 70.1% a year ago and are up 1.1% year-to-date to 89,658 and 77.7% share vs. 63.1% over the same period a year ago. PHEV sink -49.4% to 1,126 and 9% share vs. 19.2% last year and are down an even more damning -62.8% YTD to 11,448 and 9.9% share vs. 21.9% in 2021. Meanwhile HEV rally back up 92.7% in October to 977 but are down -22.2% YTD to 6,650. As a whole, electrified vehicle sales gain 9% year-on-year to 11,830 and 94.2% share vs. 93.7% a year ago and are down -15.8% YTD to 107,756 and 93.4% share vs. 91.2% over the first 10 months of 2021. Petrol vehicles account for 2.1% of the market in October and 3.1% YTD while diesel is at 3.7% for the month and 3.5% so far this year.

The Top 4 brands clearly beat the market with at least double-digit gains. Volkswagen is up 39.5% to 16.3% share vs. 12% so far this year, reclaiming the YTD top spot off Tesla (-8.9%) down to #26 this month. Toyota (+60.2%) is up to 11.3% of the market vs. 8% YTD, BMW soars 127.8% to 9.5% share vs. 7.1% in 2022 and Volvo gains 17.2% to reach 9.3% of the market vs. 5.9% over the first 10 months of 2021. Skoda (+6%) is a little shy and rounds out the Top 5. Mercedes (+83.4%), Mazda (+40.8%) and to a lesser extent Nissan (+9.9%) also outpace the market in the remainder of the Top 10 whereas Hyundai (-38.5%) and Audi (-18.7%) struggle. Among Chinese carmakers, MG is up 186.1% to #13, BYD off -50.7% to #17, Hongqi up 3725% to #18, Maxus up 647.1% to #19, NIO up 1020% to #21 and Xpeng down -55.8% to #30.

Model-wise, the VW ID.4 (+11.1%) is up one spot on September to snap the top ranking for the third time this year after August and May. It however remains #2 year-to-date below the Tesla Model Y down to #54 for the month as is traditionally the case for the carmaker backloading during end-of-quarters. The Skoda Enyaq (-1.2%) is also up one rank on last month to #2 and #3 YTD. The BMW iX is back up six spots to #3 while the Volvo C40 is up two to a record 4th place. The VW ID.3 (+57.7%) and Audi e-Tron (+38.7%) vastly outrace the market below but are the only remaining Top 10 models to be up. We welcome the Toyota bZ4X directly at #16, its twin the Subaru Solterra at #24 and the VW ID.Buzz up 93 ranks to #40.

Previous month: Norway September 2022: Tesla Model Y #1, Volvo C40 up to #6 in imploding market (-18.6%)

One year ago: Norway October 2021: BYD Tang inside Top 10, Hongqi lands in market off -10.6%

Full October 2022 Top 40 all brands and Top 185 all models below.