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Nissan, Mazda, BMW ignore declining market (-5.9%) – Greatest Promoting Vehicles Weblog


Nissan sales more than double year-on-year in Singapore.

The Singaporean new car market is off -5.9% year-on-year in March to 2,469 sales, bringing the year-to-date tally down -17.4% to 6,493. Once again Toyota (-16.4%) falls faster than the market but scores a solid 21.3% share vs. 20.3% year-to-date. Mercedes (-5.4%) roughly mate he’s the market to remain in 2nd place. In fact, the Top 5 brands are unchanged on last month, with BMW (+21.9%) defying the market slump and followed by Honda (-8.8%) and Nissan (+109.6%) again completely ignoring the negative market conditions. Mazda (+68.6%) also shines in the remainder of the Top 10.

Previous month: Singapore February 2023: Nissan, Subaru, Renault shine in market limiting its fall (-6%)

Full March 2023 Top 40 All brands ranking below.

Singapore March 2023 – brands:

Pos Brand Mar-23 % /22 Feb 2023 % /22 Pos FY22
1 Toyota (incl Lexus) 525 21.3% -16.4% 1 1,342 20.3% -20.0% 1 1
2 Mercedes 403 16.3% -5.4% 2 1,101 17.3% -10.2% 2 2
3 BMW 317 12.8% 21.9% 3 798 12.0% -17.0% 3 3
4 Honda 279 11.3% -8.8% 4 690 10.2% -18.1% 4 4
5 Nissan 153 6.2% 109.6% 5 325 4.3% 37.7% 5 8
6 Porsche 84 3.4% -26.3% 16 133 1.2% -48.6% 11 11
7 Kia 74 3.0% 5.7% 9 186 2.8% -26.2% 8 10
8 Tesla 72 2.9% -8.9% 8 165 2.3% -8.3% 10 7
9 Mazda 59 2.4% 68.6% 7 225 4.1% -0.4% 6 6
10 Audi 57 2.3% 0.0% 10 195 3.4% 5.4% 7 9
11 Opel 42 1.7% 180.0% 20 112 1.7% 67.2% 13 21
12 BYD 38 1.5% -20.8% 13 124 2.1% 29.2% 12 12
13 Hyundai 37 1.5% -72.8% 6 167 3.2% -64.4% 9 5
14 Citroen 32 1.3% -8.6% 17 73 1.0% -18.9% 18 14
15 Volvo 27 1.1% -28.9% 15 101 1.8% -1.0% 14 15
16 MG 27 1.1% 285.7% 25 49 0.5% 25.6% 21 18
17 Volkswagen 23 0.9% -56.6% 18 94 1.8% -29.3% 15 13
18 Subaru 22 0.9% 175.0% 11 76 1.3% 38.2% 17 26
19 Peugeot 21 0.9% 40.0% 14 79 1.4% 17.9% 16 17
20 Land Rover 21 0.9% 31.3% 21 58 0.9% 20.8% 19 22
21 Rolls Royce 19 0.8% 137.5% 22 44 0.6% 63.0% 23 30
22 Suzuki 18 0.7% 5.9% 19 55 0.9% 22.2% 20 24
23 Ferrari 17 0.7% 750.0% 23 35 0.4% 118.8% 25 29
24 Bentley 16 0.6% 0.0% 28 24 0.2% -41.5% 27 28
25 Mini 13 0.5% -31.6% 26 33 0.5% -50.0% 26 19
26 Seat 13 0.5% 62.5% 29 19 0.1% 11.8% 29 32
27 Skoda 11 0.4% -56.0% 24 44 0.8% -30.2% 24 23
28 Polestar 9 0.4% 50.0% 27 22 0.3% -24.1% 28 25
29 Mitsubishi 7 0.3% -75.0% 30 16 0.2% -83.5% 30 20
30 McLaren 7 0.3% n/a 32 11 0.1% 450.0% 31 37
31 Maserati 6 0.2% -14.3% 36 9 0.1% -50.0% 32 33
32 SsangYong 5 0.2% -77.3% 33 8 0.1% -89.3% 33 16
33 Lamborghini 4 0.2% 100.0% 34 7 0.1% 40.0% 35 35
34 Jaguar 3 0.1% -70.0% 31 7 0.1% -75.0% 34 31
35 Lotus 3 0.1% 200.0% 38 4 0.0% 100.0% 37 50
36 Jeep 2 0.1% n/a 35 5 0.1% 0.0% 36 36
37 Aston Martin 1 0.0% -85.7% 37 3 0.0% -72.7% 38 39
38 Fiat 1 0.0% -66.7%  – 2 0.0% -71.4% 39 40
39 Morgan 1 0.0% 0.0%  – 1 0.0% -80.0% 43 43
40 Renault 0 0.0% -100.0% 12 47 1.2% 123.8% 22 34

Source: LTA

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