Singapore June 2023: Kia (+32.9%), Nissan (+11.3%) defy devastated market

Kia ranks #6 brand in Singapore in June.

It’s another sharp year-on-year drop for the Singaporean car market in June at -28.4% to just 2,332 sales. Keep in mind June 2022 was already down -26.5% on the year prior. The H1 2023 volume falls -20.2% to 13,224. Toyota (-24.3%) keeps its fall below the market rate, just, to end the month with 23.2% share while Mercedes (-43.5%) freefalls and BMW (-12.6%) resists. Kia (+32.9%) and Nissan (+11.3%) are the only two Top 10 brands in positive, with Porsche (-2.9%) and Tesla (-6.4%) managing single-digit losses. Mazda (-23.3%) also beats the market slightly whereas Hyundai (-55.9%) and Honda (-45.3%) both implode. 

Previous month: Singapore May 2023: Market sinks -24.8%

Full June 2023 Top 33 All brands ranking below.