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Singapore November 2014: Honda up 9-fold year-on-year

Honda Jazz Singapore November 2014. Picture courtesy of motortrend.comHonda Jazz. Honda sales are up 848% year-on-year in Singapore this month.

* See the Top 36 All-brands ranking by clicking on the title *

New car sales in Singapore continue their recovery at +80% year-on-year in November to 2,933 registrations, bringing the year-to-date total to 25,832 units, up 27% on 2013. The Singaporean new car market is going through particularly interesting times, with the price for Certificates of Entitlement (essentially the right to drive a car in Singapore) back to more reasonable levels making mass market brands affordable again. Some manufacturers had even idled their sales in the country, awaiting for better times, and are not back on deck: Mitsubishi for example is back in the ranking for the 2nd consecutive month at #14 vs. #26 YTD and #29 over FY2013. Toyota/Lexus is back in the lead in November thanks to 517 sales and 17.6% share, ahead of Mercedes at 14.4%. Mazda is up 323% on November 2013 to #3 and 8.9% share while Honda delivers the most spectacular gain at +848% to #4 and 8.7%. Notice also Nissan up 429%, Kia up 400%, Subaru up 290% and Porsche up 153%.

Previous month: Singapore October 2014: Mercedes best-seller

One year ago: Singapore November 2013: Toyota/Lexus in the lead

Full November 2014 Top 36 All-brands Ranking Table below.

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