Norway stands along a vast cold territory, covered by mountains for about two-thirds and with some 50.000 islands off its much-indented coastline, one of most rugged and longest in the world. The country is rich of natural resources, fish, petroleum, hydropower, minerals and forests. It is the world's second gas exporter and 7th largest oil exporter. Norway is not a Member of European Community, but is deeply economically length with all the European countries. The country economy is correlated to the global economic trends due to high impact of energy sector exports over GDP. However, during recent crisis, the economy slowed the growth but the government budget remained in surplus. The impressive Pro capita income is stable at $ 53.300 (p.p.p.), the world's 1st among countries with more than 1 million citizens.
Recovering from a negative March performance, the Norwegian car market boomed 28.6% in April 2013 with year-to-date sales again positive, by 4.4%. Nissan Leaf further advanced in the model ranking, being second behind the unachievable Golf.
Following a positive start of the year, one of the few among European markets, the Norwegian car market in March reported a sharp slowdown; with sales fell 17.7% from last year. Consequently the first quarter sales were negative by 3.2%
Norwegian car market was far from the rest of Europe in February as sales were up 3.6% and year-to-date were up 5.5%. Nissan Leaf surged in 5th place taking the best rank ever in the world for an electric vehicle. Volvo confirmed its decline in share.
Pushed by new models demand and confirming an almost positive trend, the Norwegian car market started the year with a 7.4% increase. Following a weak Q4 2012, Volkswagen recovered share, while Audi started slow. Mazda CX-5 jumped in 2nd place.
Due to the December 19% decline, the Norwegian car market fails the achievement of the new all-time record. However, 2012 was only 0.3% below the 2011 record. Volkswagen beat Toyota doubling sales from last year.
Far from the European turbulences and pushed by the strong green vehicle incentive program, the car market in Norway was stable with November sales down 3.0% from last year and year-to-date sales up 1.4%. Volkswagen reinforced the leadership on the market with a share at 17%.
The Norway car market recovered in October posting a 7.5% sales increase over last year. Year-to-date sales were up 1.6% running for the all-time volume record. The Nissan Leaf entered the Top 10 ranking.
The Norway car market declined in September with 11.134 sales, down 5.1% from last year. Year-to-date September sales at 104.199 were up 1.3%. Toyota is growing and this month was only 0.5 points of share behind VW, thanks to Prius.
In August, the Norway car market was positive again, posting 11.790 sales, up 2.8% from last year with the year-to-date August sales at 93.065, up 2.1%. The fully electric Nissan Leaf surged in 8th position with 213 sales. Volkswagen was the market leader at 15% of share.
Future of global automotive industry is almost a reality in the cold Norway where in the past 6 months an Electric Vehicles achieved 2% market share, with over 1.000 sales and a long waiting list. While others are talking, Norwegians transformed future in reality!