🇳🇴 Norway
3 November 2025 at 13:09
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Business

New Car Sales Decline in October

By Nordics Today •

Norway's new car sales dropped in October with electric vehicles maintaining 97.4% market share. Volkswagen led sales followed by Volvo and BMW, while Tesla ranked fourth. The decline continues despite strong EV incentives.

New Car Sales Decline in October

Norway registered 11,138 new passenger cars in October. That represents a 3.6 percent decrease compared to the same month last year. Sales also dropped 22.3 percent from September figures. The data comes from official traffic statistics.

Electric vehicles dominated the market with 97.4 percent of all new registrations. This continues Norway's strong push toward electrification.

Volkswagen claimed the top spot as the best-selling car brand. Volvo followed in second position, with BMW taking third place. Tesla secured fourth position in the Norwegian market.

This sales slowdown comes despite Norway's generous electric vehicle incentives. The country offers tax exemptions and other benefits to EV buyers. Some analysts suggest market saturation may be affecting growth rates.

Published: November 3, 2025

Tags: Norway electric vehicle salesOctober car market NorwayNordic automotive trends