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Singapore July 2023: Nissan (+75.8%), BMW (+48.1%) shine in market off -5.8%

Nissan sales shoot up in Singapore in July.

2,382 new cars hit Singaporean roads in July, a -5.8% year-on-year fall. Keep in mind July 2022 was already down -26.6% on 2021 and July 2021 was off -28.6% on 2020. The year-to-date tally now falls -18.3% to 15,606. Toyota (-11.7%) easily holds onto the brands top spot with 24.5% of the market, still above the 22.1% it commands year-to-date. BMW (+48.1%) completely ignores the depleted market and rises to #2 overall, overtaking Mercedes (-31.3%). Honda (-42.5%) and Hyundai (-39.4%) are in complete freefall and round out the Top 5. Nissan (+75.8%), Kia (+32.2%) and Mazda (+18.6%) also shine in the remainder of the Top 10.

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

One year ago: Singapore July 2022: Toyota up to 26.1% share, Mercedes, BYD, Porsche defy market down -26.6%

Full July 2023 Top 40 All brands ranking below.

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