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Singapore April 2020: Mercedes (-70.8%) shoots up to 29% share in market down -90.1%

Mercedes holds 29% of the Singaporean market in April.

After being somewhat muted throughout March, new COVID-19 cases dramatically flared up in Singapore in April, going from 926 as of March 31 to 16.169 as of April 30 and 23.787 at the time of writing. Consequently, a much stricter set of movement restriction measures, collectively called a “circuit breaker”, were implemented on April 7. The Singaporean new car market stalls in April at -90.1% year-on-year to just 682 registrations, pulling the year-to-date tally down -43.9% to 15.381. Only Mercedes (-70.8%) and Honda (-90.1%) manage to sell more than 100 new vehicle for the month, the two carmakers adding up to a mammoth 52% share. Toyota (-92.4%) comes in third with 12.9% of the market vs. 17.4% YTD. In the year-to-date ranking, Toyota (-42.8%) now only has a 35-unit advantage over Honda (-55.7%) and 144-unit over Mercedes (-13.5%). SSangyong (+400%) defies the market crumble and climbs to #10 overall, with Porsche (-72.1%) and Mazda (-89.7%) also faring better than the market in the remainder of the Top 10.

Previous month: Singapore March 2020: Ssangyong, Audi, Volkswagen resist in market down -30.9%

One year ago: Singapore April 2019: Hyundai (+69%), Kia (+47.5%) impress in market down -1.1%

Full April 2020 Top 35 All-brands ranking below.

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