* See the Top 34 All-brands by clicking on the title *
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 month: Singapore March 2016: Honda overtakes Toyota
One year ago: Singapore April 2015: Honda up 14-fold in market up 115%
Full April 2016 Top 34 All-brands below.