BYD’s sales in Singapore increased 10 times compared to last year.
In February, 2,414 new cars found buyers in Singapore, representing a strong 13% year-on-year increase. This resulted in year-to-date sales increasing by 15.7% to 4,654. The main news of this month is without a doubt the first pole position of BYD (+1045.9%), which increased 10 times compared to the same period last year year and reached a dizzying share of 17.6%. This beats the previous record of 11.7% set just last month. As in China, BYD is a huge success in Singapore. It overtakes Toyota (-7.7%), Mercedes (+14.5%) and BMW (+27.1%), last month’s leader. However, BYD remains 4th year-to-date, with Toyota leading despite a -6% year-on-year decline in the first two months of the year. It is followed by Mercedes (+8.6%), followed by BMW (+57.2%). Other strong performers include Porsche (+65.5%) in 10th place, MG (+462.5%) and Skoda (+150%).
Previous month: Singapore, January 2024: BMW and Mercedes take control, BYD breaks share share record
One year ago: Singapore, February 2023: Nissan, Subaru, Renault lead the market, limiting its decline (-6%)
Full February 2024 Top 35 All brands rated below.
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