BYD sales are up 10-fold year-on-year in Singapore.

2,414 new cars found a buyer in Singapore in February, a solid 13% year-on-year growth. This leads to a year-to-date volume up 15.7% to 4,654. This month’s biggest story is without a doubt the very first pole position of BYD (+1045.9%) up 10-fold year-on-year to a breathtaking 17.6% share. This smashes its previous best of 11.7% established just last month. Like in China, BYD enjoys tremendous success in Singapore. It overtakes Toyota (-7.7%), Mercedes (+14.5%) and BMW (+27.1%), last month’s leader. However BYD remains 4th year-to-date while Toyota takes the lead despite a -6% year-on-year fall over the first two months of the year. Mercedes (+8.6%) follows then BMW (+57.2%). Other great performers include Porsche (+65.5%) up to #10, MG (+462.5%) and Skoda (+150%).

Previous month: Singapore January 2024: BMW and Mercedes take control, BYD breaks share record

One year ago: Singapore February 2023: Nissan, Subaru, Renault shine in market limiting its fall (-6%)

Full February 2024 Top 35 All brands ranking below.

Singapore February 2024 – brands:

PosBrandFeb-24%/23Jan2024%/23PosFY231BYD42417.6%+ 1045.9%468614.7%+ 697.7%452Toyota (incl Lexus)38215.8%– 7.7%376816.5%– 6.0%113Mercedes35614.7%+ 14.5%275816.3%+ 8.6%224BMW34214.2%+ 27.1%175616.2%+ 57.2%335Honda2229.2%– 9.4%53637.8%– 11.7%546Hyundai893.7%+ 9.9%91503.2%+ 15.4%787Nissan833.4%– 39.0%71854.0%+ 7.6%668Mazda833.4%+ 9.2%101322.8%– 20.5%979Kia632.6%+ 3.3%111052.3%– 6.3%10910Porsche482.0%+ 65.5%14671.4%+ 36.7%131211MG451.9%+ 462.5%12851.8%+ 286.4%121812Tesla331.4%– 47.6%61372.9%+ 47.3%81013Audi331.4%– 43.1%81042.2%– 24.6%111114Volvo271.1%– 20.6%13601.3%– 18.9%141515Skoda251.0%+ 150.0%17390.8%+ 18.2%151916Peugeot231.0%– 34.3%20310.7%– 46.6%171617Suzuki231.0%+ 4.5%32250.5%– 32.4%191418Volkswagen210.9%– 19.2%15360.8%– 49.3%161319Mini130.5%+ 85.7%18240.5%+ 20.0%202120Great Wall130.5%n/a29150.3%n/a223221Land Rover120.5%– 14.3%16260.6%– 29.7%182222Maserati110.5%+ 1000.0%19190.4%+ 533.3%212823Subaru100.4%– 78.7%26140.3%– 74.1%232324Maxus80.3%n/a22130.3%n/a244125Polestar70.3%+ 16.7%21130.3%+ 0.0%252426Citroen20.1%– 92.6%2460.1%– 85.4%261727Jeep20.1%+ 100.0%2560.1%+ 100.0%273628Ferrari20.1%– 81.8%2840.1%– 77.8%292529Lamborghini20.1%+ 0.0%3040.1%+ 33.3%304030Bentley20.1%– 66.7%3330.1%– 62.5%313131Jaguar20.1%– 33.3%3430.1%– 25.0%323332Aston Martin20.1%+ 100.0% –20.0%+ 0.0%353533McLaren10.0%– 66.7%3130.1%– 25.0%333834Smart10.0%n/a3520.0%n/a365635Alfa Romeo10.0%n/a –10.0%+ 0.0%3739

Source: LTA