Norwegian Auto Market increased 4% in October projecting the entire year again at the all time record and with AFV vehicles mix very close to the 50%. Volvo, BMW and Mercedes are fast growing while Volkswagen is losing. Tesla near doubling.
Norway car market in 2015 hit the new all time record sales, first time over the 150.000 annual units. The record follow the two established in the previous years after the de-taxation of electric vehicles.
Norway new cars sales speed up in Q3. September +7% confirms a record trend albeit slowdown in investment and shy economy due to the low oil price. Volkswagen still leader while Tesla S is the second best-selling model.
Norway Light Vehicle Sales rose 24% in June pushing the first half at best level ever. Albeit in short supply, Volkswagen Golf sales had been tremendous with market share above 10% ahead of Toyota Auris and Tesla S.
Norway Electric Vehicles segment at 13% and Hybrids at 8% in the 2014. Tesla sold over 4.000 units in the year while many EV models are on top of best-selling models list. The full market was up only 1%, at best level in the decade.
In October, Mercedes & BMW Norway sales surged as the domestic auto market kept momentum and the pace for a record year. Volkswagen led the ranking ahead of a struggling Toyota with Golf sales boosted by EV version availability.
Norway to re-think Electric Vehicles policy while car sales slowing in September unchanging the year end projections at new all-time record volume thanks to the EVs sales boom. The country is spending over €500 million sustaining EVs.
Norway car market rose 2% in May despite the underperformance of Volkswagen and reduced speed on the E.V. retails limited by the short supply. The market outlook stands moderately positive thanks to the growing internal demand.