Singapore January 2026: Market up 57.8%, BYD breaks share record at 28.2%
BYD hits a record share in Singapore in January.
Sensational start of the year for new light vehicle sales in Singapore: January is up 57.8% year-on-year to 4,266 units. Market leader BYD surges 112.2% to reach a new share record at 28.2% (Previous best was 26.5% last October). Toyota (+120%) is also in outstanding shape at 15.7% share in 2nd place while Tesla ranks third with 9.7% share vs. 4.8% last month. Mercedes (-34.8%) and BMW (-30.4%) struggle but Chery soars 721.4% year-on-year and 14 spots on December to hit record ranking, volume and share at #6 with 230 sales and 5.4%. Suzuki (+740%), Zeekr (+266.7%) and MG (+202.6%) also impress below.
Previous post: Singapore Full Year 2025: BYD takes control
One year ago: Singapore January 2025: BYD storms into first place with share record
Full January 2026 Top 45 All brands ranking below.
Singapore January 2026 – brands:
PosBrandJan-26%/25Dec1BYD1,20128.2%+ 112.2%12Toyota (incl Lexus)67115.7%+ 120.0%23Tesla4139.7%n/a64Mercedes3357.9%– 34.8%55BMW2505.9%– 30.4%46Chery2305.4%+ 721.4%207Honda1794.2%+ 1.1%38MG1152.7%+ 202.6%149Kia872.0%– 23.0%1310Suzuki842.0%+ 740.0%1611Zeekr771.8%+ 266.7%812Nissan691.6%+ 56.8%913Xpeng661.5%+ 83.3%1014Hyundai521.2%– 37.3%1215Audi511.2%+ 112.5%1816GAC441.0%+ 193.3%717Dongfeng411.0%+ 310.0%2118Volvo400.9%+ 2.6%1519Mazda300.7%– 34.8%1120Subaru300.7%– 34.8%1721Land Rover290.7%+ 383.3%2422Porsche220.5%– 56.0%1923Mini200.5%– 9.1%2624Leapmotor190.4%new2525Geely160.4%new3126Maxus150.4%+ 114.3%2727AvatR110.3%new3028Eveasy90.2%new3829Skoda90.2%– 71.9%2930Volkswagen90.2%– 72.7%2331Deepal80.2%new2232NIO70.2%new5133Polestar50.1%– 54.5%3434Great Wall40.1%– 42.9%4035Citroen30.1%+ 0.0%4236Cupra20.0%new3337Ferrari20.0%– 33.3%4338Lamborghini20.0%– 50.0%4939Rolls Royce20.0%+ 100.0%4740Smart20.0%– 50.0%3241Aston Martin10.0%n/a –42Bentley10.0%+ 0.0%3743Jaguar10.0%n/a3944Jeep10.0%– 50.0%4445Peugeot10.0%– 95.8%46
Source: LTA
