Singapore January 2025: BYD storms into first place with share record

BYD is the most popular carmaker in Singapore in January.

The Singaporean new car market continues to soar in January at +20.7% year-on-year to 2,703 units. As it was the case a year ago, the brands ranking is turned on its head this month. BYD (+116%) lodges a spectacular result, leading the charts outright for the 2nd time ever after February 2024. It also breaks its share record for the second month in a row at a stratospheric 20.9%. In 2nd place, Mercedes (+27.9%) also outpace the market to reach 19% share, the carmaker’s highest since January 2023. BMW (-13.3%) and Toyota (-21%) vastly underperform below. In contrast Subaru (+1050%), Kia (+169%), Porsche (+163.2%) and Hyundai (+36.1%) stand out in the remainder of the Top 10.

Previous post: Singapore Full Year 2024: Toyota and BYD top surging market (+42.3%)

One year ago: Singapore January 2024: BMW and Mercedes take control, BYD breaks share record

Full January 2025 Top 40 All brands ranking below.