Singapore October 2016: Honda cements leadership over Toyota

Honda HR-V Singapore October 2016. Picture courtesy carros.uol.com.brHonda HR-V 

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The Singaporean new car market is up another 28% in October to 7.809 units, lifting the year-to-date tally up 63% to 73.221 units, a recovery due to lower prices for Certificates of Entitlements. After snapping the YTD pole position off Toyota last month, Honda confirms it is the new master in command in Singapore with a fourth consecutive month as the best-selling brand in the country at 2.031 sales and 26% share, up 84% year-on-year. Toyota gains “just” 22% to 1.615 and 20.7% share and now adds up to 15.409 YTD (+65%) vs. 15.940 (+171%) for Honda. Below, Nissan (-2%), Volkswagen (-27%), Mazda (-32%) and Hyundai (-38%) go against the grain and post year-on-year declines, Mercedes jumps 40%, Kia is up 45%, BMW up 76%, Jaguar up 77%, Chevrolet up 88% and Mitsubishi is up 230%.

Previous month: Singapore: Honda overtakes Toyota, leads YTD

One year ago: Singapore October 2015: Honda and Nissan both up 5-fold

Full October 2016 Top 37 All-brands ranking below.

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Singapore September 2016: Honda overtakes Toyota, takes YTD lead

Honda HR-V Singapore March 2016The HR-V is the main force behind Honda’s domination of the Singaporean market this year.

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New car sales in Singapore continue to gallop ahead, pushed forward by lower prices for Certificates of Entitlement. September is up 51% year-on-year to 7.944 registrations, lifting the year-to-date tally up 68% to 65.412 units. The big news this month is the access of Honda to the year-to-date pole position thanks to September deliveries up 112% to 1.863 vs. 1.690 (+47%) for Toyota+Lexus, leading to a 9 month-tally of 13.909 (+191%) vs. 13.794 (+73%) for Toyota+Lexus. Honda’s pole position rewards five monthly #1 rankings in the past 7 months. Mazda (+137%), Mitsubishi (+118%), Ford (+196%), Mini (+164%), Renault (+223%) and Suzuki (+141%) also take off this month.

Previous month: Singapore August 2016: Honda threatens Toyota for YTD lead

One year ago: Singapore September 2015: Honda up 4-fold to 16.7% market share

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Singapore August 2016: Honda threatens Toyota for YTD lead

Honda HR-V Singapore July 2016. Picture courtesy autoexpress.co.ukThe Honda HR-V leads the Singaporean sales charts in 2016.

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The Singaporean new car market continues to ride on lower prices of COE (Certificates of Entitlement), with August sales up a whopping 52% year-on-year to 7.100 units. This means the year-to-date tally is now up 71% to 57.468 units. Honda manages to top the sales charts for the 4th time in the past 6 months thanks to deliveries up 138% on August 2016 to 1.645 vs. 1.400 for Toyota including Lexus. Honda is now just 58 units below Toyota so far in 2016 at 12.046 vs. 12.140 and should historically take the lead next month if it continues at this level. Below, Mitsubishi (+357%), Mazda (+50%), Kia (+102%), Jaguar (+191%), Renault (+221%), Suzuki (+133%) and Land Rover (+120%) shine but Nissan (-12%) and Volkswagen (-23%) struggle.

Previous month: Singapore July 2016: Honda triumphs at +293%

One year ago: Singapore August 2015: Honda, Nissan and Mazda lift market up 82%

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Singapore July 2016: Honda triumphs at +293%

Honda HR-V Singapore July 2016. Picture courtesy autoexpress.co.ukHonda HR-V

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Singaporean car sales continue on their euphoric run, boosted by lower prices for Certificates of Entitlement: the market is up a whopping 117% year-on-year in July to 6.914 units, lifting the year-to-date total up 74% to 50.337 in seven months. Honda triumphs with deliveries up 4-fold on a year ago, outselling Toyota for the overall pole position for the third time in the past 5 months. Year-to-date, Honda now threatens Toyota at 10.401 sales and 20.7% share (+225%) vs. 10.704 and 21.3% (+80%). In third place, Mercedes is up 65% ahead of Nissan (+97%), Mitsubishi (+408%) and BMW (+293%). Notice also Porsche up 1475% and Opel up 825%.

Previous month: Singapore June 2016: Toyota leads but Honda is catching up at +77%

One year ago: Singapore July 2015: Honda, Peugeot and Subaru shine, market up 39%

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Singapore June 2016: Toyota leads but Honda catching up at +77%

Honda HR-V Singapore June 2016. Picture courtesy carplace.uol.com.brThe Honda HR-V is particularly successful in Singapore. 

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The Singaporean new car market continues to recover thanks to Certificates of Entitlement back to more affordable prices: June sales are up another 16% year-on-year to 8.111 units, lifting the year-to-date total up 68% to 43.423 units. Toyota reaffirms its domination but only gains 4% to 1.808 sales whereas Honda gallops up 77% to 1.618 units and 19.9% share thanks to the tremendous success of the HR-V small crossover. Mazda (+22%), Nissan (-7%) and Mercedes (-21%) complete the Top 5 while Subaru (+110%), Hyundai (+143%) and Mitsubishi (+205%) post the largest year-on-year gains in the Top 20.

Previous month: Singapore May 2016: Toyota reclaims pole position off Honda

One year ago: Singapore June 2015: Honda up to #2 in market up 3-fold

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Singapore May 2016: Toyota reclaims pole position off Honda

Toyota Corolla Singapore May 2016Toyota Corolla

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The good news keep pouring in for the Singaporean new car market: up another 79% year-on-year in May to 8.212 deliveries, lifting the year-to-date total up 88% to 35.312 units. After two months of historical Honda domination, Toyota reclaims the brands pole position in May with 1.917 sales including Lexus, a 122% surge on May 2015. Honda is up an even more impressive 280% but is knocked down to #2 and 1.685 units. Nissan (+44%), Mazda (+52%) and Mercedes (+4%) round up the Top 5 while Subaru (+179%), Mitsubishi (+173%) and Hyundai (+151%) display the most aggressive gains inside the Top 10.

Previous month: Singapore April 2016: Honda confirms top spot above Toyota

One year ago: Singapore May 2015: Nissan, Mazda and Honda shine

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Singapore April 2016: Honda confirms top spot above Toyota

Honda HR-V Singapore April 2016. Picture courtesy shopcar.com.brHonda outsells Toyota for the 2nd consecutive month – and ever – in Singapore.

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The Singaporean new car market continues on its liberated run now that Certificates of Entitlement (COE) are back to reasonable levels, with sales up 91% year-on-year in April to 7.188 units and year-to-date at 27.100 deliveries. After historically outselling traditional leader Toyota (incl. Lexus) last month, Honda confirms its newfound pole position in April thanks to 1.475 deliveries for a 20.5% market share (+190%) vs. 1.431 and 19.9% (+134%) for Toyota incl. Lexus. Honda’s superhuman form has a lot to do with the tremendous success of the HR-V sub-compact crossover as well as its grey-import made-in-Japan variant the Vezel as we detailed in a previous update. Notice also Nissan up 197%, Subaru up 278%, Mitsubishi up 138% and Chevrolet up 200%.

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

Previous month: Singapore March 2016: Honda overtakes Toyota

One year ago: Singapore April 2015: Honda up 14-fold in market up 115%

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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

Singapore March 2016: Honda overtakes Toyota

Honda HR-V Singapore March 2016The HR-V helps Honda to pole position in Singapore this month.

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Lower prices for Certificates of Entitlement (the right to register a car) continue to fuel the Singaporean market, up another 81% year-on-year in March to 7.106 registrations, lifting the year-to-date total up 92% to 19.912 units. It had been brewing for almost a year now, and it’s now a reality: Honda overtakes mighty Toyota to become the most popular carmaker in the country thanks to sales up 4-fold on March 2015 to 1.583 and 22.3% share vs. 1.527 and 21.5% (+58%) for Toyota. Honda’s victory is even more impressive when taking into account the fact that Toyota sales also include Lexus. Singapore is the only country in the world where Honda ranks #1. BMW (+127%), Subaru (+193%) and Hyundai (+112%) also outpace the market.

Previous month: Singapore February 2016: Toyota leads market up 98%

One year ago: Singapore March 2015: Toyota, Mazda and Honda post explosive gains in market up 97%

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Singapore February 2016: Toyota leads market up 98%

Toyota Corolla Singapore 2014Toyota holds 20.2% of the Singaporean market in February.

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The market step-up continues in Singapore now that Certificates of Entitlement are more affordable: overall sales are up 98% year-on-year in February to 5.754, lifting the year-to-date total to 12.806 units, up an equally impressive 99% on the same period a year ago. Toyota (+119%) beats the market at 20.2% share but Honda (+312%) once again gains a lot more ground in 2nd place with 17.1% share. Nissan (+158%) and Mazda (+152%) overtake Mercedes (-8%) to rank third and fourth respectively. Notice also Hyundai (+166%), Kia (+177%), Renault (+171%) and Suzuki (+720%) lodging spectacular gains in the Top 20.

Previous month: Singapore January 2016: Honda teases Toyota for pole position

One year ago: Singapore February 2015: Toyota reclaims #1, Honda up 10-fold

Full February 2016 Top 35 All-brands Ranking Table below.

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