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Singapore September 2014: Honda increases sales 8-fold

Honda Jazz Singapore September 2014. Picture courtesy of posttoday.comHonda Jazz

* See the Top 33 All-brands by clicking on the title! *

New car sales in Singapore are up a whopping 50% year-on-year in September to 2,946 registrations, bringing the year-to-date total to 20,124 units, up 18% on 2013. Toyota including Lexus continues to outperform the market at +89% to 19.7% market share this month, while Mercedes (+38%) and especially BMW (-16%) lose share. What is happening in Singapore is simply the market progressively returning to where it was in 2010 before a surge in the Certificates of Entitlement’s price (basically the right to drive a car in Singapore) reduced new car sales to mainly premium brands. BMW topped the annual charts in 2011 and 2012 and Mercedes did so in 2013. These two brands are now receding, while mass brands shoot back up: Honda is up 689%, Nissan up 419%, Suzuki up 280%, Mazda up 252%, Subaru up 218%, Hyundai up 191% and Kia up 169%!

Previous month: Singapore August 2014: Toyota/Lexus and Nissan in great shape

One year ago: Singapore September 2013: BMW only 14 units below Mercedes year-to-date

Full September Top 33 All-brands Ranking Table below.

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