Singapore January 2026: Market up 57.8%, BYD breaks share record at 28.2%

BYD hits a record share in Singapore in January.

Sensational start of the year for new light vehicle sales in Singapore: January is up 57.8% year-on-year to 4,266 units. Market leader BYD surges 112.2% to reach a new share record at 28.2% (Previous best was 26.5% last October). Toyota (+120%) is also in outstanding shape at 15.7% share in 2nd place while Tesla ranks third with 9.7% share vs. 4.8% last month. Mercedes (-34.8%) and BMW (-30.4%) struggle but Chery soars 721.4% year-on-year and 14 spots on December to hit record ranking, volume and share at #6 with 230 sales and 5.4%. Suzuki (+740%), Zeekr (+266.7%) and MG (+202.6%) also impress below.

Previous post: Singapore Full Year 2025: BYD takes control

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

Full January 2026 Top 45 All brands ranking below.