BYD holds 20.7% of the Singaporean market in February.

The Singaporean new car market surges 60.6% year-on-year in February to 3,878 registrations, bringing the year-to-date tally up 41.4% to 6,581. Such growth in the country is usually explained by cheaper Certificates of Entitlement which are requested to own a vehicle and can amount to the price of the car, in effect doubling the cost of purchase. This month and for the third time in a row BYD (+88.9%) surpasses the 20% market share mark at 20.7%, very close to its record of 20.9% hit just last month. Very far below are Toyota (+19.4%), BMW (+29.8%) and Mercedes (+16%) all trailing the market. Honda (+64.4%) does better but stays at #5. Tesla (+693.9%) goes from 0 sale in January to 262 and ranks #6 for the month and YTD. Chinese newcomers GAC (#11), Xpeng (#12) and Dongfeng (#15) all fit within the Top 15 while we welcome Deepal at #41.

Previous month: Singapore January 2025: BYD storms into first place with share record

One year ago: Singapore February 2024: BYD overall best-seller

Full February 2025 Top 45 All brands ranking below.

Singapore February 2025 – brands:

PosBrandFeb-25%/24Jan2025%/24PosFY241BYD80120.7%+ 88.9%11,36720.8%+ 99.3%122Toyota (incl Lexus)45611.8%+ 19.4%476111.6%– 0.9%413BMW44411.4%+ 29.8%380312.2%+ 6.2%344Mercedes41310.6%+ 16.0%292714.1%+ 22.3%235Honda3659.4%+ 64.4%55428.2%+ 49.3%556Tesla2626.8%+ 693.9% –2624.0%+ 91.2%667Hyundai1433.7%+ 60.7%72263.4%+ 50.7%778Kia1112.9%+ 76.2%62243.4%+ 113.3%8109Mazda1102.8%+ 32.5%91562.4%+ 18.2%9910Nissan962.5%+ 15.7%111402.1%– 24.3%10811GAC631.6%new22781.2%new151912Xpeng591.5%new14951.4%new121813Porsche581.5%+ 20.8%81081.6%+ 61.2%111214Suzuki541.4%+ 134.8%26641.0%+ 156.0%192015Dongfeng491.3%new25590.9%new204016Audi461.2%+ 39.4%18701.1%– 32.7%171317Subaru401.0%+ 300.0%10861.3%+ 514.3%131618Volvo401.0%+ 48.1%12791.2%+ 31.7%141419MG401.0%– 11.1%13781.2%– 8.2%161520Volkswagen371.0%+ 76.2%15701.1%+ 94.4%181121Chery300.8%new17580.9%new212622Mini260.7%+ 100.0%20480.7%+ 100.0%232123Skoda200.5%– 20.0%16520.8%+ 33.3%221724Maxus200.5%+ 150.0%28270.4%+ 107.7%262825Zeekr190.5%new21400.6%new242726Land Rover140.4%+ 16.7%29200.3%– 23.1%282327Great Wall120.3%– 7.7%27190.3%+ 26.7%292428Polestar100.3%+ 42.9%24210.3%+ 61.5%272529Peugeot90.2%– 60.9%19330.5%+ 6.5%252230Citroen50.1%+ 150.0%3280.1%+ 33.3%313031Bentley50.1%+ 150.0%3960.1%+ 100.0%353632Ferrari40.1%+ 100.0%3370.1%+ 75.0%323333Lotus40.1%n/a3470.1%n/a333834Smart30.1%+ 200.0%3170.1%+ 250.0%343235Alfa Romeo20.1%+ 100.0% –20.0%+ 100.0%384136Lancia20.1%n/a –20.0%n/a42 –37Maserati10.0%– 90.9%23120.2%– 36.8%302938Lamborghini10.0%– 50.0%3050.1%+ 25.0%364239Skyworth10.0%new3730.0%new37 –40Rolls Royce10.0%n/a4020.0%– 60.0%413941Deepal10.0%new –10.0%new44 –42Jaguar10.0%– 50.0% –10.0%– 66.7%453543Jeep00.0%– 100.0%3520.0%– 66.7%393744Neta00.0%new3620.0%new404645Alpine00.0%n/a3810.0%n/a4345

Source: LTA