Nissan sales are up 9.5% in a market down -24.8%
The Singaporean new car market continues to perform poorly in May, down another -24.8% year-on-year in May to 2,214 units. As a reminder, May 2022 was already down -21.7% on the year prior. The year-to-date tally is down a harsh -18.2% to 10,892. Toyota (-16.2%) beats the market to 24% share vs. 21.3% so far this year but Mercedes (-36.4%) sinks in 2nd place. BMW (-16.1%) remains third ahead of Honda (-37%) and Nissan (+9.5%) posting the only year-on-year gain in the Top 6. Below Mazda (-25.2%) in a rut, Tesla (+900%) shoots up to #7 and 4.1% share vs. 2.6% year-to-date. Below, Suzuki (+325%) and Citroen (+57.9%) score the only additional upticks in the Top 15.
Previous month: Singapore April 2023: BYD, BMW highlight poor market (-12.6%)
One year ago: Singapore May 2022: MG, BYD shoot up, sales down -21.7%
Full May 2023 Top 40 All models ranking below.
Singapore May 2023 – brands:
| Pos | Brand | May-23 | % | /22 | Apr | 2023 | % | /22 | Pos | FY22 |
| 1 | Toyota (incl Lexus) | 531 | 24.0% | -16.2% | 1 | 2,325 | 21.3% | -17.8% | 1 | 1 |
| 2 | Mercedes | 364 | 16.4% | -36.4% | 2 | 1,864 | 17.1% | -18.7% | 2 | 2 |
| 3 | BMW | 260 | 11.7% | -16.1% | 3 | 1,392 | 12.8% | -7.8% | 3 | 3 |
| 4 | Honda | 189 | 8.5% | -37.0% | 4 | 1,051 | 9.6% | -26.3% | 4 | 4 |
| 5 | Nissan | 92 | 4.2% | 9.5% | 7 | 489 | 4.5% | 25.7% | 5 | 8 |
| 6 | Mazda | 92 | 4.2% | -25.2% | 9 | 379 | 3.5% | -19.7% | 6 | 6 |
| 7 | Tesla | 90 | 4.1% | 900.0% | 14 | 283 | 2.6% | 48.9% | 10 | 7 |
| 8 | Hyundai | 65 | 2.9% | -49.6% | 12 | 269 | 2.5% | -63.9% | 11 | 5 |
| 9 | BYD | 58 | 2.6% | -31.0% | 5 | 303 | 2.8% | 23.2% | 8 | 12 |
| 10 | Kia | 56 | 2.5% | -25.3% | 6 | 326 | 3.0% | -18.1% | 7 | 10 |
| 11 | Porsche | 45 | 2.0% | -21.1% | 10 | 227 | 2.1% | -43.0% | 12 | 11 |
| 12 | Volkswagen | 42 | 1.9% | -8.7% | 13 | 167 | 1.5% | -20.5% | 13 | 13 |
| 13 | Audi | 38 | 1.7% | -54.2% | 8 | 296 | 2.7% | -10.6% | 9 | 9 |
| 14 | Suzuki | 34 | 1.5% | 325.0% | 16 | 111 | 1.0% | 73.4% | 17 | 24 |
| 15 | Citroen | 30 | 1.4% | 57.9% | 25 | 113 | 1.0% | -16.9% | 16 | 14 |
| 16 | MG | 27 | 1.2% | -74.5% | 17 | 96 | 0.9% | -36.8% | 19 | 18 |
| 17 | Volvo | 24 | 1.1% | -17.2% | 11 | 165 | 1.5% | 0.6% | 14 | 15 |
| 18 | Rolls Royce | 23 | 1.0% | 155.6% | 24 | 79 | 0.7% | 58.0% | 23 | 30 |
| 19 | Skoda | 21 | 0.9% | 16.7% | 20 | 82 | 0.8% | -10.9% | 22 | 23 |
| 20 | Polestar | 21 | 0.9% | 110.0% | 27 | 51 | 0.5% | -17.7% | 25 | 25 |
| 21 | SsangYong | 20 | 0.9% | -16.7% | 22 | 42 | 0.4% | -62.5% | 29 | 16 |
| 22 | Ferrari | 14 | 0.6% | -12.5% | 19 | 68 | 0.6% | 65.9% | 24 | 29 |
| 23 | Peugeot | 13 | 0.6% | -45.8% | 23 | 105 | 1.0% | -12.5% | 18 | 17 |
| 24 | Mitsubishi | 11 | 0.5% | -72.5% | 30 | 31 | 0.3% | -78.5% | 30 | 20 |
| 25 | Seat | 9 | 0.4% | 0.0% | 31 | 30 | 0.3% | 0.0% | 31 | 32 |
| 26 | Opel | 7 | 0.3% | -58.8% | 15 | 145 | 1.3% | 61.1% | 15 | 21 |
| 27 | Land Rover | 7 | 0.3% | -22.2% | 18 | 84 | 0.8% | 16.7% | 21 | 22 |
| 28 | Mini | 7 | 0.3% | -70.8% | 29 | 47 | 0.4% | -55.7% | 27 | 19 |
| 29 | Bentley | 6 | 0.3% | -45.5% | 21 | 47 | 0.4% | -26.6% | 26 | 28 |
| 30 | Subaru | 4 | 0.2% | -83.3% | 26 | 88 | 0.8% | 7.3% | 20 | 26 |
| 31 | Maserati | 4 | 0.2% | -50.0% | 33 | 15 | 0.1% | -55.9% | 32 | 33 |
| 32 | Aston Martin | 2 | 0.1% | n/a | 28 | 13 | 0.1% | -7.1% | 33 | 39 |
| 33 | Jeep | 1 | 0.0% | n/a | 34 | 8 | 0.1% | 60.0% | 35 | 36 |
| 34 | Lamborghini | 1 | 0.0% | -85.7% | – | 8 | 0.1% | -42.9% | 36 | 35 |
| 35 | Lotus | 1 | 0.0% | n/a | 37 | 6 | 0.1% | 200.0% | 38 | 50 |
| 36 | Chevrolet | 1 | 0.0% | 0.0% | 36 | 3 | 0.0% | 50.0% | 40 | 48 |
| 37 | Fiat | 1 | 0.0% | n/a | – | 3 | 0.0% | -66.7% | 41 | 40 |
| 38 | Austin | 1 | 0.0% | n/a | – | 1 | 0.0% | -50.0% | 49 | 46 |
| 39 | Morris | 1 | 0.0% | 0.0% | – | 1 | 0.0% | 0.0% | 50 | 55 |
| 40 | Smart | 1 | 0.0% | n/a | – | 1 | 0.0% | n/a | 51 | 45 |
Source: LTA
