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Singapore October 2019: BMW (+18.6%), Mercedes (+4.3%) resist in market imploding -25.7%

BMW is the only Top 12 carmaker managing a double-digit gain this month.

New car sales in Singapore freefall -25.7% year-on-year in October to 5.024 registrations, leading to a year-to-date tally down -7.5% to 62.468. Toyota (-20.9%) reclaims the brands lead off Honda (-29.4%) with 20.2% share vs. 16.2% but remains well below year-to-date at 17.6% share vs. 21.8%. BMW (+18.6%) manages the only double-digit year-on-year gain in the Top 12, advancing to #3 vs. #5 so far in 2019. Mercedes (+4.3%) is the only additional Top 12 carmaker in positive but drops one spot on September to #4. In contrast, Mazda (-47.9%), Kia (-46.3%) and Hyundai (-42.1%) are hit hardest in the remainder of the Top 10. Further down, Bluecar (+177.8%), Opel (+121.4%), Land Rover (+83.3%), Porsche (+79.3%), Seat (+52.4%), Jaguar (+39.3%) and Subaru (+36.4%) stand out with fantastic gains in a depressed context.

Previous month: Singapore September 2019: Mercedes (+35%) swims upstream in market down -9.7%

One year ago: Singapore October 2018: Toyota back in charge in market down -5.6%

Full October 2019 Top 40 All-brands ranking below.

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