Home Car Deals Iceland November 2024: Market down -61%, Toyota Land Cruiser takes charge

Iceland November 2024: Market down -61%, Toyota Land Cruiser takes charge

by red


The Toyota Land Cruiser is the best-selling car in Iceland in November.

It’s another terrible month for new car sales in Iceland: -61% year on year to 506 units. This means year-to-date volume is down -41.6% to 9,397. Toyota (+2.2%) is defying mediocre performance and jumped to 18.8% from 13.6% this year. The podium remained unchanged in October, with Telsa falling -91.5% in second place and Kia (-36.7%) in third. Honda (+3200%) moved up to fourth place, level with Hyundai (-55.4%). Volvo (-31.7%) is up three places from last month to sixth place, while the rest of the Top 10 are ahead of the market, with Skoda trailing at -19.4% and Ford at 27.6% , Mazda – by 39.3% and Mercedes down -40%. Newcomer Xpeng moved up two places in October to a record 13th place.

In terms of model, the Toyota Land Cruiser takes first place with a fantastic share of 11.7% versus just 1.2% year-to-date. This moves away the Tesla Model Y, which has risen one place in the ranking since the beginning of the year and took third place. Model Y sales fell -86.5% in the first 11 months of the year. The Honda e:NY1 moved up to third place, displacing the Ford Explorer from fourth place. The Kia Sorento and Toyota RAV4 are equal to the Explorer.

Previous month: Iceland, October 2024: Tesla Model Y #1, Ford Explorer #3, -29.1% market discount.

One year ago: Iceland, November 2023: Tesla Model Y with a share of 46%, Kia EV9 immediately in seventh place.

Full November 2024 List of Top 30 Brands and Top 20 Models below.

Iceland, November 2024 – brands:

Pos. Brand November 24 % /23 October 2024 % /23 Pos. FY23
1 Toyota 95 18.8% + 2.2% 1 1282 13.6% – 51.1% 2 2
2 Tesla 53 10.5% – 91.5% 2 476 5.1% – 84.1% 6 1
3 Kia 50 9.9% – 36.7% 3 1302 13.9% – 30.6% 1 3
4 Honda 33 6.5% + 3200.0% 5 173 1.8% + 137.0% 14 26
5 Hyundai 33 6.5% – 55.4% 4 1111 11.8% + 31.2% 3 6
6 Volvo 28 5.5% – 31.7% 9 336 3.6% – 31.7% 8 7
7 Skoda 25 4.9% – 19.4% 10 481 5.1% + 7.6% 5 9
8 Ford 21 4.2% – 27.6% 6 160 1.7% – 49.2% 15 12
9 Mazda 17 3.4% – 39.3% 8 329 3.5% – 33.9% 10 8
10 Mercedes 15 3.0% – 40.0% 11 260 2.8% – 38.4% 11 10
11 MG 15 3.0% + 15.4% 26 53 0.6% – 71.5% 28 21
12 Audi 13 2.6% – 23.5% 12 98 1.0% – 59.0% 21 17
13 Speng 13 2.6% new 15 42 0.4% new 30
14 Porsche 12 2.4% + 140.0% 14 57 0.6% + 7.5% 27 30
15 Nissan 11 2.2% + 0.0% 13 248 2.6% + 0.4% 12 16
16 Peugeot 9 1.8% + 800.0% 16 90 1.0% – 55.0% 23 20
17 North Star 9 1.8% – 75.0% 21 71 0.8% – 72.7% 24 15
18 BMW 7 1.4% – 69.6% 20 143 1.5% – 39.4% 16 18
19 Land Rover 7 1.4% – 58.8% 7 350 3.7% + 2.6% 7 11
20 BID 6 1.2% + 20.0% 19 102 1.1% + 61.9% 20 28
21 Dacia 6 1.2% + 0.0% 23 762 8.1% – 29.4% 4 4
22 Lexus 5 1.0% – 58.3% 25 66 0.7% – 50.4% 26 23
23 Renault 5 1.0% + 25.0% 17 130 1.4% – 52.0% 17 14
24 Jeep 4 0.8% – 69.2% 24 106 1.1% – 45.1% 19 22
25 Suzuki 4 0.8% + 0.0% 28 332 3.5% + 4.1% 9 13
26 Subaru 3 0.6% – 85.7% 29 97 1.0% – 54.7% 22 19
27 Volkswagen 3 0.6% – 92.5% 18 206 2.2% – 75.3% 13 5
28 Opel 2 0.4% – 66.7% 27 34 0.4% – 75.0% 33 24
29 Mini 1 0.2% + 0.0% 9 0.1% – 35.7% 44 38
30 Smart 1 0.2% – 93.3% 22 53 0.6% – 22.1% 29 27

Iceland, November 2024 – models:

Pos. Model November 24 % October 2024 % /23 Pos. FY23
1 Toyota Land Cruiser 59 11.7% 2 109 1.2% n/a 19 n/a
2 Tesla Model Y 46 9.1% 1 377 4.0% – 86.5% 3 1
3 Honda e:NY1 32 6.3% 4 96 1.0% n/a 25 n/a
4 Ford Explorer 17 3.4% 3 67 0.7% + 235.0% 34 n/a
5 Kia Sorento 17 3.4% 5 226 2.4% + 42.1% 8 18
6 Toyota RAV4 17 3.4% 6 363 3.9% – 38.8% 4 4
7 Skoda Kodiak 16 3.2% n/a 143 1.5% + 30.0% 16 34
8 Hyundai Ionic 5 11 2.2% 8 101 1.1% – 36.1% 21 22
9 Porsche Macan 10 2.0% n/a 17 0.2% n/a 98 n/a
10 Xpeng G6 9 1.8% 7 27 0.3% new 75
11 Hyundai Tucson 9 1.8% 15 243 2.6% + 42.9% 7 20
12 MG 4 9 1.8% n/a 25 0.3% – 63.8% 80 47
13 Kia Niro 8 1.6% 11 101 1.1% – 60.4% 22 10
14 Audi K6 7 1.4% n/a 7 0.1% new 133
15 Hyundai Santa Fe 7 1.4% n/a 31 0.3% n/a 68 n/a
16 Kia Sportage 7 1.4% n/a 378 4.0% – 19.2% 2 6
17 Nissan Aria 7 1.4% n/a 46 0.5% + 35.3% 49 n/a
18 Volvo XC60 7 1.4% n/a 94 1.0% + 30.6% 23 31
19 Toyota Proace 7 1.4% n/a 58 0.6% n/a 41 59
20 Volvo XC40 7 1.4% n/a 71 0.8% – 55.1% 32 17

Source: Manufacturers

You may also like

Leave a Comment