The Tesla Model Y is the best-selling vehicle in Iceland in March. The Icelandic new car market is in recovery mode in March at +90.6% year-on-year to 1,012 registrations. Keep in mind March 2024 was down -71% on the year prior, Q1 2025 volumes gain 63% to 2,257. In complete…
The Suzuki Swift is the most popular vehicle in Iceland in February. New car sales in Iceland rally back up 64.2% year-on-year in February to 652 units, on year-ago results hampered by two measures for EVs: the discontinuation of the VAT discount and the implementation of a kilometre-rate charge. The…
The Kia EV3 is an instant blockbuster in Iceland. New car sales in Iceland rally back up 29.8% year-on-year in January to 593 units, keeping in mind January 2024 was down -37.5% on the year prior. The winner of the month is Kia, up 277.4% to a splendid 19.7% share.…
The Dacia Duster is the most popular vehicle in Iceland in 2024. Discover close to 25 years of Icelandic Historical Data here. The Icelandic new car market freefalls -41.7% year-on-year in 2024 to just 10,220 units vs. 17,542 last year. Both Toyota (-45.5%) and Kia (-31.5%) gain one spot to…
The Toyota Land Cruiser is the best-selling vehicle in Iceland in November. It's another horrendous month for new car sales in Iceland at -61% year-on-year to just 506 units. This means the year-to-date volume is now off -41.6% to 9,397. Toyota (+2.2%) braves the mediocre environment to jump to 18.8%…
The Ford Explorer surges to #3 in October. It's another mediocre month for Icelandic new car sales in October at -29.1% year-on-year to 681 units. The year-to-date volume is now down -39.9% to 8,891. Toyota (-1%) scores a 4th consecutive monthly win with 14.7% share, but it can't topple YTD…
The Hyundai Ioniq 5 is the most popular vehicle in Iceland in September. The Icelandic new light vehicle market freefalls again in September at -50.8% year-on-year to just 559 registrations. This way, the year-to-date tally is now off -40.7% to 8,210. Toyota (-24.3%) stays in first place in the brands…
The Honda e:Ny1 ranks #4 in Iceland in August. The Icelandic new car market craters -60.2% year-on-year in August to just 464 sales, leading to a year-to-date tally off -39.8% to 7,651. Toyota (-33.6%) improves its share to 18.8% vs. 13.2% so far this year and now ranks #2 year-to-date.…
The Seal U helps BYD to #7 brand this month. It's another very difficult month for new car sales in Iceland, down a damning -34% year-on-year to just 836 units. This is a particularly poor result given July 2023 was already off -38% on the year prior. The year-to-date volume…
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…
The Kia Sportage ranks #2 in Iceland in May. 2,008 new cars hit Icelandic roads in May, a 22.1% year-on-year drop. The year-to-date tally is now down -38.3% to 4,753. This month Kia (+2.5%) is the best-selling car maker with 18.3% share and also ascends to the YTD pole position…
The Hyundai i10 is up to #2 in Iceland in April. The Icelandic new car market slows its fall from -71% in March to -16.4% in April at 1,362 sales. This is almost as much as the entire Q1 volume. Year-to-date sales are down -46.4% to 2,747. This month Hyundai…
The Dacia Duster tops the models ranking in Iceland in March. The Icelandic new car market continues to crash in March at a daunting -71% year-on-year to just 531 units, leading to a Q1 volume off -60.4% to 1,385. March 2023 alone so 32% more sales than Q1 2024... The…
The Toyota Prado is the most popular vehicle in Iceland in February. New car sales in Iceland continue to crash in February at a devastating -57.5% to just 397 units, leading to a year-to-date volume down -48.7% to 854. This fall is due to the discontinuation of the VAT discount…
The Dacia Duster ranks #1 in Iceland in January. New car sales in Iceland sink -37.5% year-on-year in January to just 457 units. Toyota (-42.6%) falls even faster than the market but easily tops the brands charts with 17.7% share, in line with its FY23 level (17.1%). Dacia (+96.3%) and…