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Market shares

Which brands lead in Iceland?

Iceland, 2024. Share of all registrations in the selection.

A closer look at the brands

Market share, changes and powertrains. Choose a brand to understand its position in the market.

Toyota

16.5%

of new registrations

Share change −0.7 pp Registration growth −46.5%

Kia

13.5%

of new registrations

Share change +2.2 pp Registration growth −33.2%

Hyundai

11.9%

of new registrations

Share change +6.7 pp Registration growth +29.4%

Dacia

8.1%

of new registrations

Share change +1.9 pp Registration growth −27.1%

Tesla

5.8%

of new registrations

Share change −14.6 pp Registration growth −84.2%

Škoda

5.3%

of new registrations

Share change +2.6 pp Registration growth +9.7%
All brands and figures · 40

40 brands

Share of 9,692 registrations

Brands, sortable
Rank Brand Registrations vs previous year Share Share change
1 Toyota 1,604 −46.5% 16.5% −0.7 pp
2 Kia 1,307 −33.2% 13.5% +2.2 pp
3 Hyundai 1,149 +29.4% 11.9% +6.7 pp
4 Dacia 788 −27.1% 8.1% +1.9 pp
5 Tesla 559 −84.2% 5.8% −14.6 pp
6 Škoda 510 +9.7% 5.3% +2.6 pp
7 Volvo 365 −29.9% 3.8% +0.8 pp
8 Suzuki 342 +7.2% 3.5% +1.7 pp
9 Land Rover 336 −5.4% 3.5% +1.4 pp
10 Mazda 332 −34.6% 3.4% +0.5 pp
11 Nissan 253 −3.4% 2.6% +1.1 pp
12 Mercedes-Benz 251 −41.5% 2.6% +0.1 pp
13 Volkswagen 195 −78.3% 2.0% −3.2 pp
14 Honda 182 +136.4% 1.9% +1.4 pp
15 BMW 144 −43.1% 1.5% 0.0 pp
16 Ford 143 −55.6% 1.5% −0.4 pp
17 Renault 133 −55.4% 1.4% −0.3 pp
18 Audi 104 −60.0% 1.1% −0.4 pp
19 BYD 104 +55.2% 1.1% +0.7 pp
20 Subaru 103 −54.8% 1.1% −0.2 pp
21 KG Mobility 97 – 1.0% +1.0 pp
22 Peugeot 90 −55.2% 0.9% −0.2 pp
23 Polestar 77 −72.2% 0.8% −0.8 pp
24 Mitsubishi 69 +56.8% 0.7% +0.5 pp
25 Lexus 66 −53.2% 0.7% −0.1 pp
26 Jeep 64 −67.8% 0.7% −0.5 pp
27 MG 56 −72.0% 0.6% −0.6 pp
28 Porsche 54 −6.9% 0.6% +0.2 pp
29 Smart 46 −37.0% 0.5% +0.1 pp
30 XPeng 44 – 0.5% +0.5 pp
31 Opel 34 −74.8% 0.4% −0.4 pp
32 Citroën 20 −77.8% 0.2% −0.3 pp
33 Great Wall 17 −5.6% 0.2% +0.1 pp
34 Ineos 14 +180.0% 0.1% +0.1 pp
35 SsangYong 13 −35.0% 0.1% 0.0 pp
36 Jaguar 12 −33.3% 0.1% 0.0 pp
37 MINI 9 −35.7% 0.1% 0.0 pp
38 Alfa Romeo 2 −33.3% <0.1% 0.0 pp
39 Fiat 2 −50.0% <0.1% 0.0 pp
40 Maxus 2 −96.8% <0.1% −0.3 pp
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Source: European Environment Agency (EEA), CC BY 4.0. New passenger car registrations, 2024.