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Singapore March 2023: Nissan, Mazda, BMW ignore declining market (-5.9%)

Nissan sales more than double year-on-year in Singapore.

The Singaporean new car market is off -5.9% year-on-year in March to 2,469 sales, bringing the year-to-date tally down -17.4% to 6,493. Once again Toyota (-16.4%) falls faster than the market but scores a solid 21.3% share vs. 20.3% year-to-date. Mercedes (-5.4%) roughly mate he’s the market to remain in 2nd place. In fact, the Top 5 brands are unchanged on last month, with BMW (+21.9%) defying the market slump and followed by Honda (-8.8%) and Nissan (+109.6%) again completely ignoring the negative market conditions. Mazda (+68.6%) also shines in the remainder of the Top 10.

Previous month: Singapore February 2023: Nissan, Subaru, Renault shine in market limiting its fall (-6%)

Full March 2023 Top 40 All brands ranking below.

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