BYD holds 5.5% of the Singaporean market in April.
New car sales in Singapore continue to perform poorly at -12.6% year-on-year in April to 2,185 units and down -16.2% year-to-date to 8,678. For context, April 2022 was already down -38.2% on the year prior and -41.1% year-to-date. Toyota (-12.7%) follows the market to hold onto the brands lead with 20.7% share, followed by Mercedes (-19.6%) in a more precarious position. BMW (+39.7%) completely ignores the depleted market to climb to 15.3% share vs. 13% so far this year. In fact, below an imploding Honda (-39.2%), the next three brands are up: BYD (+83.3%) soars to 4th place with 5.5% share vs. 2.8% year-to-date, Kia (+18.3%) is up to #6 and Nissan (+4.3%) edges up at #7. Audi is stable at #8 while Mazda (-49.6%) and Porsche (-40.2%) both struggle to round out the Top 10.
Previous month: Singapore March 2023: Nissan, Mazda, BMW ignore declining market (-5.9%)
One year ago: Singapore April 2022: Toyota and Mercedes top market freefalling -38.2%
Full April 2023 Top 40 All brands ranking below.
Singapore April 2023 – brands:
| Pos | Brand | Apr-23 | % | /22 | Mar | 2023 | % | /22 | Pos | FY22 |
| 1 | Toyota (incl Lexus) | 452 | 20.7% | -12.7% | 1 | 1,794 | 20.7% | -18.3% | 1 | 1 |
| 2 | Mercedes | 399 | 18.3% | -19.6% | 2 | 1,500 | 17.3% | -12.9% | 2 | 2 |
| 3 | BMW | 334 | 15.3% | 39.7% | 3 | 1,132 | 13.0% | -5.7% | 3 | 3 |
| 4 | Honda | 172 | 7.9% | -39.2% | 4 | 862 | 9.9% | -23.4% | 4 | 4 |
| 5 | BYD | 121 | 5.5% | 83.3% | 12 | 245 | 2.8% | 51.2% | 9 | 12 |
| 6 | Kia | 84 | 3.8% | 18.3% | 7 | 270 | 3.1% | -16.4% | 7 | 10 |
| 7 | Nissan | 72 | 3.3% | 4.3% | 5 | 397 | 4.6% | 30.2% | 5 | 8 |
| 8 | Audi | 63 | 2.9% | 0.0% | 10 | 258 | 3.0% | 4.0% | 8 | 9 |
| 9 | Mazda | 62 | 2.8% | -49.6% | 9 | 287 | 3.3% | -17.8% | 6 | 6 |
| 10 | Porsche | 49 | 2.2% | -40.2% | 6 | 182 | 2.1% | -46.6% | 12 | 11 |
| 11 | Volvo | 40 | 1.8% | 21.2% | 15 | 141 | 1.6% | 4.4% | 13 | 15 |
| 12 | Hyundai | 37 | 1.7% | -75.0% | 13 | 204 | 2.4% | -66.9% | 10 | 5 |
| 13 | Volkswagen | 31 | 1.4% | 0.0% | 17 | 125 | 1.4% | -23.8% | 15 | 13 |
| 14 | Tesla | 28 | 1.3% | 2700.0% | 8 | 193 | 2.2% | 6.6% | 11 | 7 |
| 15 | Opel | 26 | 1.2% | 333.3% | 11 | 138 | 1.6% | 89.0% | 14 | 21 |
| 16 | Suzuki | 22 | 1.0% | 100.0% | 22 | 77 | 0.9% | 37.5% | 19 | 24 |
| 17 | MG | 20 | 0.9% | 185.7% | 16 | 69 | 0.8% | 50.0% | 21 | 18 |
| 18 | Land Rover | 19 | 0.9% | 26.7% | 20 | 77 | 0.9% | 22.2% | 20 | 22 |
| 19 | Ferrari | 19 | 0.9% | 111.1% | 23 | 54 | 0.6% | 116.0% | 24 | 29 |
| 20 | Skoda | 17 | 0.8% | 54.5% | 27 | 61 | 0.7% | -17.6% | 22 | 23 |
| 21 | Bentley | 17 | 0.8% | 41.7% | 24 | 41 | 0.5% | -22.6% | 26 | 28 |
| 22 | SsangYong | 14 | 0.6% | 7.7% | 32 | 22 | 0.3% | -75.0% | 29 | 16 |
| 23 | Peugeot | 13 | 0.6% | -55.2% | 19 | 92 | 1.1% | -4.2% | 16 | 17 |
| 24 | Rolls Royce | 12 | 0.5% | -14.3% | 21 | 56 | 0.6% | 36.6% | 23 | 30 |
| 25 | Citroen | 10 | 0.5% | -63.0% | 14 | 83 | 1.0% | -29.1% | 18 | 14 |
| 26 | Subaru | 8 | 0.4% | 166.7% | 18 | 84 | 1.0% | 44.8% | 17 | 26 |
| 27 | Polestar | 8 | 0.4% | -65.2% | 28 | 30 | 0.3% | -42.3% | 28 | 25 |
| 28 | Aston Martin | 8 | 0.4% | 166.7% | 37 | 11 | 0.1% | -21.4% | 34 | 39 |
| 29 | Mini | 7 | 0.3% | -56.3% | 25 | 40 | 0.5% | -51.2% | 27 | 19 |
| 30 | Mitsubishi | 4 | 0.2% | -42.9% | 29 | 20 | 0.2% | -80.8% | 31 | 20 |
| 31 | Seat | 2 | 0.1% | -50.0% | 26 | 21 | 0.2% | 0.0% | 30 | 32 |
| 32 | McLaren | 2 | 0.1% | -33.3% | 30 | 13 | 0.1% | 160.0% | 32 | 37 |
| 33 | Maserati | 2 | 0.1% | -75.0% | 31 | 11 | 0.1% | -57.7% | 33 | 33 |
| 34 | Jeep | 2 | 0.1% | n/a | 36 | 7 | 0.1% | 40.0% | 35 | 36 |
| 35 | Alfa Romeo | 2 | 0.1% | 0.0% | – | 3 | 0.0% | -57.1% | 39 | 38 |
| 36 | Chevrolet | 2 | 0.1% | 100.0% | – | 2 | 0.0% | 100.0% | 40 | 48 |
| 37 | Lotus | 1 | 0.0% | n/a | 35 | 5 | 0.1% | 150.0% | 38 | 50 |
| 38 | Panther | 1 | 0.0% | n/a | – | 1 | 0.0% | n/a | 42 | – |
| 39 | Maxus | 1 | 0.0% | n/a | – | 1 | 0.0% | n/a | 43 | – |
| 40 | Italdesign-Giugiaro | 1 | 0.0% | n/a | – | 1 | 0.0% | n/a | 44 | – |
| 41 | Alpine | 1 | 0.0% | 0.0% | – | 1 | 0.0% | -66.7% | 48 | 41 |
Source: LTA
