Singapore February 2025: BYD above 20% share for third straight month

BYD holds 20.7% of the Singaporean market in February.

The Singaporean new car market surges 60.6% year-on-year in February to 3,878 registrations, bringing the year-to-date tally up 41.4% to 6,581. Such growth in the country is usually explained by cheaper Certificates of Entitlement which are requested to own a vehicle and can amount to the price of the car, in effect doubling the cost of purchase. This month and for the third time in a row BYD (+88.9%) surpasses the 20% market share mark at 20.7%, very close to its record of 20.9% hit just last month. Very far below are Toyota (+19.4%), BMW (+29.8%) and Mercedes (+16%) all trailing the market. Honda (+64.4%) does better but stays at #5. Tesla (+693.9%) goes from 0 sale in January to 262 and ranks #6 for the month and YTD. Chinese newcomers GAC (#11), Xpeng (#12) and Dongfeng (#15) all fit within the Top 15 while we welcome Deepal at #41.

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

One year ago: Singapore February 2024: BYD overall best-seller

Full February 2025 Top 45 All brands ranking below.