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Singapore August 2015: Honda, Nissan and Mazda lift market up 82%

Honda HR-V Singapore August 2015Honda sales are up 9-fold year-on-year in Singapore in August.

* See the Top 37 All-brands by clicking on the title *

Exceptional growth rates in Singapore go hand-in-hand with the price reduction of COE (Certificates of Entitlement), where in fact the market is essentially getting back to its level of half-a-decade ago. 4.700 new vehicles hit Singaporean roads in August vs. just 2.589 a year ago, bringing the year-to-date total to 33.673 units, almost double the 2014 figure (+96%). If Toyota (+59%) remains in the lead by far with 18.9% market share, Honda shoots up 7-fold to 691 sales and 14.7% and now also ranks #2 year-to-date, Nissan is up 168% in third place (now #4 YTD) and Mazda is up 166% at #5. Mercedes (+34%), BMW (-3%), Volkswagen (+5%) and Audi (+54%) lose sizeable market share as mass market cars become more affordable with reduced COEs.

Previous month: Singapore July 2015: Honda, Peugeot and Subaru shine, market up 39%

One year ago: Singapore August 2014: Toyota/Lexus and Nissan in great shape

Full August 2015 Top 37 All-brands Ranking Table below.

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