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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.

Singapore January 2026 – brands:

PosBrandJan-26%/25Dec
1BYD1,20128.2%+ 112.2%1
2Toyota (incl Lexus)67115.7%+ 120.0%2
3Tesla4139.7%n/a6
4Mercedes3357.9%– 34.8%5
5BMW2505.9%– 30.4%4
6Chery2305.4%+ 721.4%20
7Honda1794.2%+ 1.1%3
8MG1152.7%+ 202.6%14
9Kia872.0%– 23.0%13
10Suzuki842.0%+ 740.0%16
11Zeekr771.8%+ 266.7%8
12Nissan691.6%+ 56.8%9
13Xpeng661.5%+ 83.3%10
14Hyundai521.2%– 37.3%12
15Audi511.2%+ 112.5%18
16GAC441.0%+ 193.3%7
17Dongfeng411.0%+ 310.0%21
18Volvo400.9%+ 2.6%15
19Mazda300.7%– 34.8%11
20Subaru300.7%– 34.8%17
21Land Rover290.7%+ 383.3%24
22Porsche220.5%– 56.0%19
23Mini200.5%– 9.1%26
24Leapmotor190.4%new25
25Geely160.4%new31
26Maxus150.4%+ 114.3%27
27AvatR110.3%new30
28Eveasy90.2%new38
29Skoda90.2%– 71.9%29
30Volkswagen90.2%– 72.7%23
31Deepal80.2%new22
32NIO70.2%new51
33Polestar50.1%– 54.5%34
34Great Wall40.1%– 42.9%40
35Citroen30.1%+ 0.0%42
36Cupra20.0%new33
37Ferrari20.0%– 33.3%43
38Lamborghini20.0%– 50.0%49
39Rolls Royce20.0%+ 100.0%47
40Smart20.0%– 50.0%32
41Aston Martin10.0%n/a –
42Bentley10.0%+ 0.0%37
43Jaguar10.0%n/a39
44Jeep10.0%– 50.0%44
45Peugeot10.0%– 95.8%46

Source: LTA

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