* See the Top 34 All-brands ranking by clicking on the title! *
The Singaporean new car market continues its impressive recovery, up another 69% year-on-year in October to 2,775 registrations which brings the year-to-date total to 22,899 units, up 22% on 2013. This return to form for new car sales in the country is linked to price receding for Certificates of Entitlement (essentially the right to drive a car in Singapore), making mass market brands affordable again and now hitting premium carmakers. If BMW is down 24% this month (-12% YTD) and Audi is down 11% so far in 2014, Mercedes completely bucks the trend, improving by 46% to take the lead of the brands ranking for the first time since last February thanks to 488 sales, and increasing its year-to-date gain to 21%. reduced new car sales to mainly premium brands. Toyota-Lexus is knocked down to 2nd place despite sales up 55% but remains in pole position YTD with a 61% gain. Mazda is up a huge 333% on October 2013 to climb onto the podium with just under 10% share, Honda is up 6-fold to #5, Nissan up 259% to #7, Kia up 473% to #9, Hyundai up 529% to #11 and Subaru up 729% to #12 while Porsche doubles its sales year-on-year to 38 units.
Previous month: Singapore September 2014: Honda increases sales 8-fold
One year ago: Singapore October 2013: Mercedes back in charge
Full October 2014 Top 34 All-brands Ranking Table below.