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Iceland · 2024

How is Volvo doing in Iceland?

Volvo accounts for 3.8% of new car registrations in Iceland in 2024, with 365 cars.

Registrations 2024

365

−29.9% vs 2023

Market share

3.8%

+0.8 pp vs 2023

Rank

#7

#7 in 2023

Average CO₂

12g/km

WLTP test cycle

Electric, hybrid or combustion?

Are all new cars electric?

Understand the powertrains

Fully electric cars account for 54.2% of this brand’s registrations in the selected market and period.

Share of new registrations in Iceland, 2024.

Plug-in cars

100.0%

365 new cars

+16.1 pp vs previous year

Non-plug-in cars

0.0%

0 new cars

−16.1 pp vs previous year

Plug-in cars can be charged from the grid: fully electric cars and plug-in hybrids. Split by powertrain:

Battery electric

54.2%

198 new cars

+1.8 pp vs previous year

Plug-in hybrid

45.8%

167 new cars

+14.3 pp vs previous year

Fully electric cars and plug-in hybrids are separate categories. Petrol and diesel can also power hybrids; powertrain and fuel are different classifications. Hybrids include mild hybrids, and the line against combustion cars differs between countries, so compare hybrid shares within a country rather than between countries.

How has Volvo developed?

Registrations per year

Number of cars, Iceland

Lighter bars are provisional. Some periods have incomplete coverage, see the table.

View as table
Period Volvo
2010 incomplete –
2011 incomplete –
2012 incomplete –
2013 incomplete –
2014 incomplete –
2015 incomplete –
2016 incomplete –
2017 incomplete –
2018 593
2019 409
2020 414
2021 534
2022 582
2023 521
2024 365
2025 provisional 323

Market share per year

Percent of registrations, Iceland

Dashed lines are provisional. Some periods have incomplete coverage, see the table.

View as table
Period Volvo
2010 incomplete –
2011 incomplete –
2012 incomplete –
2013 incomplete –
2014 incomplete –
2015 incomplete –
2016 incomplete –
2017 incomplete –
2018 3.3%
2019 3.5%
2020 4.5%
2021 4.3%
2022 3.5%
2023 3.0%
2024 3.8%
2025 provisional 2.4%

Position by market

2024, all reporting countries

Volvo by market
Country Rank Registrations vs previous year Share Share change
Germany 15 62,299 +39.2% 2.3% +0.7 pp
Sweden 1 48,071 +14.5% 18.0% +3.7 pp
Netherlands 2 30,750 +89.4% 8.1% +3.7 pp
Belgium 5 24,527 +13.8% 5.5% +0.9 pp
France 21 19,959 +31.1% 1.1% +0.3 pp
Italy 23 19,234 +13.7% 1.2% +0.2 pp
Spain 19 18,175 +25.2% 1.7% +0.2 pp
Poland 11 14,884 +18.5% 2.8% +0.1 pp
Norway 4 11,118 +25.2% 8.6% +1.6 pp
Finland 2 7,801 +7.1% 10.9% +2.3 pp
Portugal 14 6,993 +36.7% 3.4% +0.8 pp
Denmark 10 5,971 +11.9% 3.5% +0.4 pp
Czechia 12 5,012 +66.8% 2.2% +0.8 pp
Austria 19 4,605 +40.2% 1.8% +0.4 pp
Hungary 13 3,208 +23.6% 2.7% +0.2 pp
Greece 19 2,232 −6.5% 1.6% −0.1 pp
Ireland 18 1,758 −16.1% 1.5% −0.3 pp
Luxembourg 9 1,646 +21.1% 3.5% +0.7 pp
Romania 18 1,522 +6.0% 1.0% 0.0 pp
Slovakia 22 889 +16.2% 1.0% +0.1 pp
Croatia 20 693 +30.0% 1.1% +0.1 pp
Lithuania 14 673 +18.5% 2.3% +0.2 pp
Estonia 16 521 +15.8% 2.1% +0.1 pp
Latvia 12 447 +17.3% 2.6% +0.5 pp
Bulgaria 18 396 +16.8% 0.9% 0.0 pp
Slovenia 24 394 +5.3% 0.8% 0.0 pp
Iceland 7 365 −29.9% 3.8% +0.8 pp
Malta 7 309 +119.1% 4.1% +2.2 pp

Top models

Variants are grouped into model families

  1. XC60 27.4%
  2. XC40 21.6%
  3. EX30 21.6%
  4. XC90 18.4%
  5. C40 3.8%
  6. EC40 3.0%

Largest brands in Iceland

2024

Choose another period or refine the analysis Year, market and filters

These are new passenger car registrations, not sales contracts or used cars.

Source: European Environment Agency (EEA), CC BY 4.0. New passenger car registrations, 2024.