BYD holds 18.8% of the Singaporean market in March.

Singaporean new car sales continue to march forward in March at +23.5% year-on-year to 4,333 units. This way, the Q1 tally is up 33.7% to 10.914. BYD (+60%) surges once again to lodge its third consecutive win with 18.8% share. Toyota (+15.8%) trails the market but repeats at #2, a ranking it now also holds year-to-date. Honda (+124%) leaps up two spots on last month to #3, with BMW (+21.7%) and Mercedes (-3%) both underperforming and closing out the Top 5. Tesla (-28.4%) is hit hard below, as are Nissan (-55.5%), Hyundai (-31.1%) and Kia (-11.1%). Meanwhile newcomer Xpeng lodges its second ever Top 10 finish after last November (#10) with 2.2% share. 

Previous month: Singapore February 2025: BYD above 20% share for third straight month

One year ago: Singapore March 2024: Toyota back to #1, BYD up 13-fold

Full March 2025 Top 41 All brands ranking below.

Singapore March 2025 – brands:

PosBrandMar-25%/24Feb2025%/24PosFY241BYD81618.8%+ 60.0%12,18320.0%+ 82.5%122Toyota (incl Lexus)63214.6%+ 15.8%21,39312.8%+ 6.0%213Honda52212.0%+ 124.0%51,0649.7%+ 78.5%554BMW52112.0%+ 21.7%31,32412.1%+ 11.8%445Mercedes44710.3%– 3.0%41,37412.6%+ 12.7%336Tesla1513.5%– 28.4%64133.8%+ 18.7%667Hyundai1333.1%– 31.1%73593.3%+ 4.7%778Kia1122.6%– 11.1%83363.1%+ 45.5%8109Nissan1092.5%– 55.5%102492.3%– 42.1%9810Xpeng952.2%new121901.7%new111811GAC811.9%new111591.5%new131912Mazda731.7%– 22.3%92292.1%+ 1.3%10913Volkswagen731.7%+ 231.8%201431.3%+ 146.6%141114Volvo631.5%+ 70.3%181421.3%+ 46.4%151415Porsche601.4%+ 7.1%131681.5%+ 36.6%121216Audi521.2%– 1.9%161221.1%– 22.3%171317Subaru471.1%+ 213.3%171331.2%+ 358.6%161618Suzuki441.0%+ 193.3%141081.0%+ 170.0%182019Skoda370.9%+ 27.6%23890.8%+ 30.9%211720Chery320.7%new21900.8%new202621Mini320.7%+ 190.9%22800.7%+ 128.6%232122MG270.6%– 70.3%191051.0%– 40.3%191523Polestar260.6%+ 420.0%28470.4%+ 161.1%252524Dongfeng250.6%new15840.8%new224025Zeekr230.5%new25630.6%new242726Land Rover200.5%– 13.0%26400.4%– 18.4%272327Great Wall150.3%– 42.3%27340.3%– 17.1%292428Maxus110.3%+ 83.3%24380.3%+ 100.0%282829Smart110.3%n/a34180.2%+ 800.0%313230Peugeot100.2%– 44.4%29430.4%– 12.2%262231Maserati60.1%– 25.0%37180.2%– 33.3%302932Jeep60.1%+ 500.0% –80.1%+ 14.3%363733Cupra50.1%new –50.0%new37 –34Deepal30.1%new4140.0%new40 –35Opel30.1%– 72.7% –30.0%– 78.6%413136Citroen20.0%– 66.7%30100.1%– 16.7%323037Lotus20.0%– 60.0%3390.1%+ 80.0%333838Bentley20.0%– 50.0%3180.1%+ 14.3%343639Skyworth20.0%new3950.0%new39 –40Ferrari10.0%– 50.0%3280.1%+ 33.3%353341Seat10.0%n/a –10.0%n/a48 –

Source: LTA