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Iceland June 2024: Kia up to 20.1% share, Hyundai up 405.8%

The Kia Ceed is up to #3 in Iceland in June.

1,600 new cars found an Icelandic buyer in June, a harsh -37.6% year-on-year fall. The H1 2024 tally is off -38.1% to 6,353. Kia (-2.1%) resists very well to repeat at #1 in the brands charts with a huge 20.1% share. It therefore cements its YTD domination at 15.4% share. Sister brand Hyundai (+405.8%) takes off at #2 with 16.4% share. Toyota (-61.1%), Dacia (-56%) and most strikingly Tesla (-81.6%) all freefall below, while Suzuki (-31.7%) manages to keep its year-on-year loss just below the market rate. Mitsubishi (+1375%), Nissan (+131.3%) and Land Rover (+104.5%) go completely against the depleted environment with fantastic gains in the remainder of the Top 10.

Model-wise, the Dacia Duster easily retains the top spot for the third straight month and the 4th time this year with 9.5% share. The Kia Sportage repeats at #2 ahead of the Kia Ceed , Hyundai i10 and i20. The Mitsubishi Eclipse Cross soars to #7 vs. #23 over H1 whereas the Tesla Model Y is stuck in 8th place and sees its H1 volume implode -86% year-on-year. The Suzuki SX4 (#10), KG Mobility Korando (#15) and Nissan X-Trail (#19) also stand out.

Previous month: Iceland May 2024: Kia #1 brand, Dacia Duster confirms domination

One year ago: Iceland June 2023: Tesla Model Y breaks 35 year-old annual volume record

Full June 2024 Top 38 All brands and Top 20 models below.

Iceland June 2024 – brands:

PosBrandJun-24%/23May2024%/23PosFY23
1Kia32120.1%– 2.1%197815.4%– 28.4%13
2Hyundai26316.4%+ 405.8%290514.2%+ 102.9%26
3Toyota21713.6%– 61.1%379512.5%– 60.7%32
4Dacia18111.3%– 56.0%471811.3%– 25.1%44
5Suzuki845.3%– 31.7%53185.0%+ 21.8%513
6Tesla784.9%– 81.6%122243.5%– 85.1%91
7Mitsubishi593.7%+ 1375.0%31691.1%+ 146.4%1831
8Land Rover452.8%+ 104.5%82534.0%+ 12.9%711
9Volvo372.3%– 24.5%111782.8%– 39.2%107
10Nissan372.3%+ 131.3%151221.9%+ 13.0%1316
11Ssangyong/KG Mobility352.2%+ 3400.0%91021.6%+ 628.6%1436
12Mazda291.8%+ 31.8%72353.7%– 34.5%88
13Renault281.8%+ 3.7%23801.3%– 60.0%1514
14Skoda251.6%– 74.0%62894.5%+ 9.5%69
15Mercedes231.4%– 51.1%131612.5%– 29.1%1110
16Honda211.3%+ 425.0%17580.9%+ 45.0%2026
17Smart140.9%+ 7.7%35330.5%+ 153.8%2527
18BMW120.8%– 50.0%16681.1%– 43.3%1918
19Jeep120.8%– 40.0%24570.9%– 18.6%2122
20Giottline110.7%n/a –110.2%+ 1000.0%3854
21Volkswagen90.6%– 90.7%191452.3%– 72.0%125
22Audi80.5%– 66.7%26390.6%– 73.6%2317
23BYD70.4%– 41.7%25200.3%+ 11.1%3128
24Benimar60.4%+ 200.0%34250.4%+ 400.0%2944
25Subaru50.3%– 73.7%14721.1%– 10.0%1719
26Polestar40.3%– 66.7%30260.4%– 75.2%2715
27Ford30.2%– 93.3%10751.2%– 61.1%1612
28Peugeot 30.2%– 88.9%20390.6%– 76.1%2220
29Opel30.2%– 62.5%22190.3%– 76.8%3224
30MG30.2%– 87.5%39190.3%– 80.8%3321
31Ineos30.2%+ 50.0%41110.2%+ 450.0%3746
32Etrusco30.2%+ 50.0%29100.2%+ 400.0%3942
33Xpeng3new –30.0%new45 –
34Lexus20.1%– 90.9%33260.4%– 64.9%2823
35Citroen20.1%– 60.0%36130.2%– 75.0%3625
36Randger20.1%n/a –20.0%– 33.3%5145
37Nobel Art10.1%n/a3830.0%n/a44 –
38Great Wall Motors10.1%n/a –20.0%+ 0.0%5039

Iceland June 2024 – models:

PosModelJun-24%May2024%/23PosFY23
1Dacia Duster1529.5%164210.1%– 17.2%12
2Kia Sportage1006.3%23054.8%– 25.4%26
3Kia Ceed986.1%n/a1662.6%– 30.8%813
4Hyundai i10976.1%52674.2%+ 2327.3%3124
5Hyundai i20835.2%32544.0%+ 290.8%419
6Toyota RAV4603.8%62023.2%– 58.5%54
7Mitsubishi Eclipse Cross593.7%n/a691.1%+ 165.4%23n/a
8Tesla Model Y553.4%201893.0%– 86.0%61
9Hyundai Tucson493.1%151712.7%+ 72.7%720
10Suzuki SX4472.9%n/a711.1%+ 69.0%22n/a
11Kia Sorento422.6%101532.4%+ 128.4%918
12Kia Picanto382.4%111121.8%+ 5.7%1525
13Toyota Yaris  372.3%81512.4%– 62.8%107
14Suzuki Vitara342.1%71312.1%+ 12.9%1237
15KG Mobility/Ssangyong Korando332.1%n/a560.9%+ 2700.0%28n/a
16Kia Stonic291.8%41502.4%– 16.7%119
17Toyota Yaris Cross281.8%n/a721.1%+ 242.9%2126
18Land Rover Defender271.7%161081.7%+ 68.8%1721
19Nissan X-Trail261.6%n/a340.5%+ 25.9%48n/a
20Renault Trafic251.6%n/a611.0%– 24.7%2633

Source: Manufacturers

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