According to Bílgreinasambandið, the Car Dealers Association, new car sales increased by 62 percent in 2011, when 5,045 new cars were registered in Iceland compared to 3,106 the year before.
Toyota Corolla.
Toyota was the best selling car brand, with 15 percent market share. Volkswagen came second with 12 percent and Suzuki came third with a 10 percent market share.
According to the CDA, five thousand cars sold in a year is less than half of what is considered a normal year, Before 2008, annual car sales in Iceland came close to 20,000 vehicles per year.
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