Singapore May 2019: Honda leads, Kia, Hyundai and Volkswagen shine in market down -15%

Kia sales surge 39.2% in a market down 15%.

The Singaporean new car market drops a harsh -15% year-on-year in May to 6.308 units, yet the year-to-date volume remains in positive at +4.7% to 33.710. Honda (-14.2%) follows the market to retain the brands pole position at 23% share vs. 16.6% for 2nd-placed Toyota (-16.8%). Like last month, Hyundai (+25.5%) and Kia (+39.2%) swim upstream with double-digit gains and are joined by Volkswagen (+22.9%) in the Top 10. BMW (+3.8%) and Mitsubishi (+1.6%) are also up but Mazda (-77.4%), Nissan (-52.8%) and Audi (-44.1%) freefall.

Previous month: Singapore April 2019: Hyundai (+69%), Kia (+47.5%) impress in market down -1.1%

One year ago: Singapore May 2018: Honda remains in charge in market down -11.9%

Full May 2019 Top 40 All-brands ranking below.