Singapore July 2024: Subaru, BYD, Tesla stand out in market surging 64.4%

Subaru sales are up 600% year-on-year in July.

New car sales in Singapore surge 64.4% year-on-year in July to 3,917, bringing the year-to-date tally to  22,493, up 44.1% over the same period in 2023. Toyota (+11.8%) keeps the brands lead but trails the market by a significant margin. The great performer of the past year, BYD, manages a 366.7% year-on-year lift and returns to the 2nd place it holds year-to-date. Honda (+201.2%) also soars and gains two spots on June to land on the third step of the podium. Subaru (+600%), Tesla (+241.2%), Mercedes (+73.1%) and Hyundai (+72.4%) also beat the market in the remainder of the Top 10. Chinese fares Xpeng and Zeekr launch with 2 sales each.

Previous month: Singapore June 2024: BYD (+571.7%) Hyundai (+231.3%) impress, sales up 61.8%

One year ago: Singapore July 2023: Nissan (+75.8%) BMW (+48.1%) shine in market off -5.8%

Full July 2024 Top 41 All brands ranking below.

Singapore July 2024 – brands:

PosBrandJul-24%/23Jun2024%/23PosFY231Toyota (incl Lexus)65216.6%+ 11.8%13,81717.0%+ 10.6%112BYD51813.2%+ 366.7%43,10513.8%+ 555.1%253Honda49712.7%+ 201.2%52,0048.9%+ 43.5%544Mercedes46411.8%+ 73.1%32,92713.0%+ 17.2%425BMW41810.7%+ 33.1%22,94113.1%+ 46.8%336Hyundai2125.4%+ 72.4%71,1525.1%+ 152.6%687Tesla1744.4%+ 241.2%61,1435.1%+ 153.4%7108Mazda1303.3%+ 27.5%97043.1%+ 23.5%1079Nissan1052.7%– 9.5%88643.8%+ 26.3%8610Subaru1052.7%+ 600.0%112241.0%+ 103.6%162311Kia992.5%+ 26.9%107153.2%+ 42.7%9912Volkswagen802.0%+ 90.5%122861.3%+ 21.2%141313GAC721.8%new201180.5%new20 –14Volvo621.6%+ 77.1%133281.5%+ 42.0%131515Audi561.4%+ 40.0%143791.7%+ 3.0%111116MG300.8%– 16.7%153691.6%+ 129.2%121817Suzuki290.7%– 40.8%221480.7%– 28.8%181418Porsche280.7%– 49.1%172601.2%– 25.5%151219Peugeot230.6%– 39.5%181210.5%– 32.4%191620Land Rover230.6%+ 53.3%211080.5%– 6.9%212221Skoda220.6%– 21.4%161640.7%+ 31.2%171922Great Wall190.5%new191070.5%new223223Mini180.5%+ 38.5%30760.3%– 8.4%232124Chery130.3%new24310.1%new28 –25Maserati80.2%– 11.1%28560.2%+ 64.7%252826Smart80.2%n/a –120.1%+ 1100.0%385627Polestar70.2%– 50.0%27490.2%– 32.9%262428Ferrari60.2%+ 0.0%35200.1%– 73.3%302529Lamborghini60.2%n/a38120.1%+ 50.0%374030Maxus50.1%n/a26420.2%+ 4100.0%274131Opel40.1%– 33.3%25300.1%– 81.0%292032Lotus40.1%+ 100.0%33150.1%+ 50.0%343733Citroen30.1%– 91.2%23580.3%– 70.3%241734Rolls Royce30.1%– 50.0%31190.1%– 78.2%322635Bentley30.1%+ 50.0%36150.1%– 71.7%333136Alfa Romeo20.1%n/a32140.1%+ 366.7%353937Jeep20.1%– 50.0%37140.1%+ 16.7%363638Aston Martin20.1%n/a3970.0%– 46.2%393539Xpeng20.1%new –20.0%new41 –40Zeekr20.1%new –20.0%new42 –41Jaguar10.0%– 80.0%29200.1%+ 33.3%3133

Source: LTA

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