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

Toyota hits its highest market share in Singapore in at least 3 years.

* See the Top 32 All-brands ranking by clicking on the title *

Now that the price of Certificates of Entitlement (the right to register a car) are back down to more affordable levels, car sales in Singapore are up a majestic 97% year-on-year in March to 3,925 registrations, bringing the year-to-date total to 10,364 units, up 74% on 2014. Thanks to sales up 166% on March 2014 to 968 units, Toyota (including Lexus) delivers its highest market share in the country in at least 3 years at 24.7% and reclaims the year-to-date lead off Mercedes, down to a paltry 6th place this month. Meanwhile mass market Japanese brands are having the time of their lives: Mazda is up 326% to 10.4% share, Honda up 508% to 9.5% and Nissan up 101% to 8.3% while Volkswagen underperforms at… +81%. Mitsubishi is reborn at #10 and 110 sales.

Previous post: Singapore Full Year 2014: Toyota Corolla new best-seller

Previous month: Singapore February 2015: Toyota reclaims #1, Honda up 10-fold

One year ago: Singapore March 2014: Toyota/Lexus takes the lead

Full March 2015 Top 32 All-brands ranking table below.