skip to Main Content

Singapore First Quarter 2016: Honda Vezel ‘unofficial’ best-seller

Honda Vezel Singapore March 2016The Japan-made Honda Vezel is the best-selling new vehicle in Singapore this year. 

Thanks to BSCB reader Richard Hsu we can share with you today exclusive models data for Singapore, unveiling a very peculiar situation. As our March 2016 report showed, Honda is challenging Toyota’s years-long domination of the Singaporean market this year with 4.012 sales so far in 2016 vs. 4.165 and even snapped the #1 spot in March (see Singapore March 2016: Honda overtakes Toyota). It turns out this newfound strength has everything to do with the parallel imports (PI) of Japan-made Honda Vezel. LTA sales figures indeed include both official channels and PIs, and if official channels show the Toyota Corolla in the lead so far this year with 1.380 sales, the ‘unofficially imported’ Honda Vezel actually adds up to a much more impressive 2.344 according to local publication The Business Times. The Mazda3 (754) and Nissan Qashqai (724) are also strong sellers as are the Nissan Sylphy and Toyota Wish. The Mercedes C-Class and E-Class rank 7th and 8th respectively.

Business Times Singapore

Leave a Reply

Back To Top