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Singapore August 2016: Honda threatens Toyota for YTD lead

Honda HR-V Singapore July 2016. Picture courtesy Honda HR-V leads the Singaporean sales charts in 2016.

* See the Top 35 All-brands by clicking on the title *

The Singaporean new car market continues to ride on lower prices of COE (Certificates of Entitlement), with August sales up a whopping 52% year-on-year to 7.100 units. This means the year-to-date tally is now up 71% to 57.468 units. Honda manages to top the sales charts for the 4th time in the past 6 months thanks to deliveries up 138% on August 2016 to 1.645 vs. 1.400 for Toyota including Lexus. Honda is now just 58 units below Toyota so far in 2016 at 12.046 vs. 12.140 and should historically take the lead next month if it continues at this level. Below, Mitsubishi (+357%), Mazda (+50%), Kia (+102%), Jaguar (+191%), Renault (+221%), Suzuki (+133%) and Land Rover (+120%) shine but Nissan (-12%) and Volkswagen (-23%) struggle.

Previous month: Singapore July 2016: Honda triumphs at +293%

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

Full August 2016 Top 35 All-brands ranking below.

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