BYD is the most popular carmaker in Singapore in January.

The Singaporean new car market continues to soar in January at +20.7% year-on-year to 2,703 units. As it was the case a year ago, the brands ranking is turned on its head this month. BYD (+116%) lodges a spectacular result, leading the charts outright for the 2nd time ever after February 2024. It also breaks its share record for the second month in a row at a stratospheric 20.9%. In 2nd place, Mercedes (+27.9%) also outpace the market to reach 19% share, the carmaker’s highest since January 2023. BMW (-13.3%) and Toyota (-21%) vastly underperform below. In contrast Subaru (+1050%), Kia (+169%), Porsche (+163.2%) and Hyundai (+36.1%) stand out in the remainder of the Top 10.

Previous post: Singapore Full Year 2024: Toyota and BYD top surging market (+42.3%)

One year ago: Singapore January 2024: BMW and Mercedes take control, BYD breaks share record

Full January 2025 Top 40 All brands ranking below.

Singapore January 2025 – brands:

PosBrandJan-25%/24DecFY241BYD56620.9%+ 116.0%222Mercedes51419.0%+ 27.9%533BMW35913.3%– 13.3%444Toyota (incl Lexus)30511.3%– 21.0%115Honda1776.5%+ 25.5%356Kia1134.2%+ 169.0%12107Hyundai833.1%+ 36.1%978Porsche501.8%+ 163.2%10129Mazda461.7%– 6.1%11910Subaru461.7%+ 1050.0%171611Nissan441.6%– 56.9%8812Volvo391.4%+ 18.2%141413MG381.4%– 5.0%201514Xpeng361.3%new131815Volkswagen331.2%+ 120.0%71116Skoda321.2%+ 128.6%151717Chery281.0%n/a212618Audi240.9%– 66.2%161319Peugeot240.9%+ 200.0%282220Mini220.8%+ 100.0%192121Zeekr210.8%new272722GAC150.6%new261923Maserati110.4%+ 37.5%342924Polestar110.4%+ 83.3%232525Dongfeng100.4%new254026Suzuki100.4%+ 400.0%182027Great Wall70.3%+ 250.0%302428Maxus70.3%+ 40.0%292829Land Rover60.2%– 57.1%242330Lamborghini40.1%+ 100.0%334231Smart40.1%+ 300.0%323232Citroen30.1%– 25.0%313033Ferrari30.1%+ 50.0% –3334Lotus30.1%n/a –3835Jeep20.1%– 50.0% –3736Neta20.1%new –4637Skyworth20.1%new – –38Alpine10.0%n/a –4539Bentley10.0%+ 0.0%363640Rolls Royce10.0%– 80.0% –39

Source: LTR