BYD ranks #3 in Singapore in May.

New car sales in Singapore rally back up 44% year-on-year in May on a low year-ago reference. The year-to-date cume is now 35.9% to 14,802. Toyota (+6.6%) and Mercedes (+15.7%) top the brands ranking but both trail the market by a significant margin. It is not the case of BYD up another 555.2% year-on-year but down one spot on April to #3. At 11.9%, its market share is well below its YTD level of 14.8%. BMW (+29.6%) also drops one rank to #4 while Honda (+60.8%) stays at #5. Hyundai (+156.9%), Tesla (+131.1%) and Kia (+121.4%) also shine in the remainder of the Top 10.

Previous month: Singapore April 2024: BYD equals share record at 17.6%, sales up 58%

One year ago: Singapore May 2023: Market sinks -24.8%

Full May 2024 Top 37 All brands ranking below.

Singapore May 2024 – brands:

PosBrandMay-24%/23Apr2024%/23PosFY231Toyota (incl Lexus)56617.8%+ 6.6%12,56517.3%+ 10.3%112Mercedes42113.2%+ 15.7%41,97413.3%+ 5.9%423BYD38011.9%+ 555.2%22,18414.8%+ 620.8%254BMW33710.6%+ 29.6%31,98813.4%+ 42.8%335Honda3049.5%+ 60.8%51,1567.8%+ 10.0%546Tesla2086.5%+ 131.1%96614.5%+ 133.6%7107Hyundai1675.2%+ 156.9%67284.9%+ 170.6%688Nissan1364.3%+ 47.8%136174.2%+ 26.2%869Kia1243.9%+ 121.4%75063.4%+ 55.2%9910Mazda1083.4%+ 17.4%84523.1%+ 19.3%10711Volkswagen621.9%+ 47.6%161461.0%– 12.6%151312MG541.7%+ 100.0%113022.0%+ 214.6%111813Volvo521.6%+ 116.7%122081.4%+ 26.1%131514Porsche341.1%– 24.4%142021.4%– 11.0%141215Audi300.9%– 21.1%102701.8%– 8.8%121116Suzuki290.9%– 14.7%151070.7%– 3.6%171417GAC250.8%new32280.2%new27 –18Skoda240.8%+ 14.3%181090.7%+ 32.9%161919Peugeot140.4%+ 7.7%25690.5%– 34.3%191620Great Wall130.4%n/a19670.5%n/a203221Mini130.4%+ 85.7%22560.4%+ 19.1%212122Citroen130.4%– 56.7%17440.3%– 61.1%231723Polestar110.3%– 47.6%24360.2%– 29.4%252424Land Rover100.3%+ 42.9%20710.5%– 15.5%182225Maserati100.3%+ 150.0%23440.3%+ 193.3%242826Subaru90.3%+ 125.0%21490.3%– 44.3%222327Maxus70.2%n/a29290.2%+ 2800.0%264128Chery70.2%new4080.1%new36 –29Jaguar40.1%n/a30160.1%+ 128.6%293330Bentley40.1%– 33.3% –110.1%– 76.6%323131Rolls Royce30.1%– 87.0%27140.1%– 82.3%302632Opel20.1%– 71.4%35170.1%– 88.3%282033Alfa Romeo20.1%n/a28100.1%+ 233.3%343934Lotus20.1%+ 100.0%3390.1%+ 50.0%353735Ferrari10.0%– 92.9%26130.1%– 80.9%312536Jeep10.0%+ 0.0%31110.1%+ 37.5%333637Aston Martin10.0%– 50.0%3640.0%– 69.2%3935

Source: LTA