Two car brands are going head-to-head, and neither has happened since 1960.
Times are tough in the auto industry.
New car sales are still on the creep. Perhaps unsurprisingly, interest rates are rising and price increases are mercilessly eroding purchasing power.
Check out the car brands and models that performed best last month.
Car dealers are trying to cushion interest rates and inflation with promotional interest rates and price discounts, but November figures from the Office of Road Traffic Information (OFV) show no mercy:
A total of 10,348 new passenger cars were registered. This represents a 47 percent decrease compared to the same month last year.
It was only a matter of time before this happened:
So far this year, only 1,310 new passenger cars have been registered with pure gasoline engines.
Since passenger car sales were released in 1960, there have been very few new petrol cars registered so far this year.
The numbers indicate two things very clearly: The first is that new, clean, gasoline-powered cars are about to be phased out in Norway. New diesel cars are heading in the same direction. The second is that new car sales so far in 2023 show that people’s finances are under severe pressure.
This is what Director Øyvind Solberg Thorsen of the Road Traffic Information Board (OFV) said in a press release.
Here are the car brands that performed best in November’s statistics:
Worth noting:
- Tesla and Toyota are clearly the winners of the month’s sales.
- Tesla is back at the top of the list after being overtaken by Toyota in October.
- Toyota has surpassed Volkswagen in the number of cars registered so far this year.
- Xpeng achieves its best monthly position.
- With just one month to go until the end of the year, a total of 114,770 new passenger cars have been registered in Norway.
- This is 14.9 percent lower than at the same time last year, and a decrease in the number of all engine types.
- During 2023, there will be more than 25 percent of electric vehicles in the passenger car fleet.
- The share of electric vehicles now represents just over 83 percent of new car sales.
Broken down by model, this year’s biggest sales winners still stand:
Worth harmony:
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