Singapore market report. Q3 2016

Singapore Cars Market in Q3 mitsubishi-eclipse

Singapore Cars Market in Q3 expanded sharply despite the economic contraction. Toyota sold over 17.000 units while Honda was third and Mitsubishi shined doubling sales.

Market Outlook

According to preliminary GDP data for Q3, Singapore’s economy contracted 4.1% over the previous quarter at a seasonally adjusted annualized rate, swinging from Q2’s 0.2% modest expansion. Some potential positive signs came from the manufacturing PMI, which in September returned to expansionary territory for the first time since June 2015. The improvement, if sustained, could support overall growth going forward.

Meantime, the domestic cars market in Q3 reported a vigorous period posting a splendid sales growth in July. However the poor August performance broke the positive wake lasting seven months in a row before to be back on track in September.

According to data released by the Singapore Bureau of Statistics, in July the sales had been 8.970 (+103.2%), followed in August by 9.104 units (-3.0%) and in September by 9.785 (+28.8%).

Year to date sales volume hit a stunning 84.563, up 52.5% compared to the same period of the 2015.

Competitive Arena

Please note that we are reporting Singapore’s data with regard to the total vehicles (including cars, commercial vehicles and taxi) while in the tables below we feature just the car passengers performance (Taxi not included).

Year to date September, Toyota retained the first place with 17.809 units (+76.8%) with market share at 21.1%, while Nissan boomed in sales with 9.614 (+60.2%) followed by Honda with 9.425 (+97.4%), Mazda with 5.323 (+65.6%), Mitsubishi with 5.306 (+102.1%) and Mercedes with 4.905 (+16.2%).

Leader of the performance by group was Toyota with market share at 26.2%, followed by Renault-Nissan with 12.6% and Honda with 11.6%. Mercedes Daimler  was fourth with 7.7%.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Sept Rank 2016 Brand Sales Sept Sales 2016 Var Sept Var 2016 Share Sept Share 2016
2 1 Toyota 1.183 11.505 22,0% 71,8% 14,9% 18,8%
1 2 Honda 1.863 9.425 111,9% 97,4% 23,5% 15,4%
3 3 Mazda 734 5.323 136,8% 65,6% 9,2% 8,7%
5 4 Nissan 543 5.249 5,0% 51,4% 6,8% 8,6%
4 5 Mercedes 602 4.905 63,6% 16,2% 7,6% 8,0%
7 6 BMW 437 3.530 19,4% 38,4% 5,5% 5,8%
8 7 Mitsubishi 371 2.837 118,2% 177,1% 4,7% 4,6%
6 8 Lexus 507 2.760 188,1% 113,2% 6,4% 4,5%
9 9 Subaru 244 2.324 35,6% 116,0% 3,1% 3,8%
13 10 Hyundai 154 2.131 -43,0% 72,1% 1,9% 3,5%
12 11 Volkswagen 208 2.107 -12,6% -8,1% 2,6% 3,4%
11 12 Kia 210 1.790 29,6% 58,0% 2,6% 2,9%
10 13 Audi 213 1.701 6,0% 15,2% 2,7% 2,8%
14 14 Volvo 81 1.120 -19,8% 14,8% 1,0% 1,8%
25 15 Peugeot 30 457 -16,7% 22,2% 0,4% 0,7%
25 16 Chevrolet 30 437 130,8% 73,4% 0,4% 0,7%
18 17 Porsche 50 403 56,3% -17,6% 0,6% 0,7%
22 18 Jaguar 37 401 68,2% 34,6% 0,5% 0,7%
15 19 Citroen 75 399 15,4% -18,1% 0,9% 0,7%
20 20 Suzuki 41 376 141,2% 132,1% 0,5% 0,6%
19 21 Renault 42 356 223,1% 72,8% 0,5% 0,6%
17 22 Mini 58 290 163,6% 31,8% 0,7% 0,5%
25 23 Land Rover 30 273 -28,6% 5,0% 0,4% 0,4%
16 24 Ford 68 252 195,7% 2,9% 0,9% 0,4%
21 25 Infiniti 38 236 46,2% 52,3% 0,5% 0,4%
23 26 SsangYong 36 200 300,0% 471,4% 0,5% 0,3%
24 27 Opel 31 121 244,4% 137,3% 0,4% 0,2%
27 28 Maserati 5 47 -16,7% -13,0% 0,1% 0,1%
28 29 Alfa Romeo 3 33 200,0% 50,0% 0,0% 0,1%
26 30 Bentley 7 32 40,0% -43,9% 0,1% 0,1%
27 31 Ferrari 5 31 150,0% -16,2% 0,1% 0,1%
31 32 Perodua 21
29 33 Rolls-Royce 2 17 -5,6%
28 34 Lamborghini 3 14 50,0% -12,5%
35 Aston Martin 10 -100,0% 150,0%
30 36 Alpina 1 9 0,0% 50,0%
31 37 Chery 8
31 37 Chrysler 8
30 38 McLaren 1 5 0,0% 25,0%
39 MG 4 300,0%
30 39 Jeep 1 4 -50,0% -86,2%
40 Fiat 1
31 40 Skoda 1
40 Seat 1
40 Daihatsu 1 -66,7%

Rank Sept Rank 2016 Group Sales Sept Sales 2016 Var Sept Var 2016 Share Sept Share 2016
2 1 Toyota 1.690 14.266 47,5% 78,4% 21,3% 23,3%
1 2 Honda 1.863 9.425 111,9% 97,4% 23,5% 15,4%
4 3 Renault-Nissan 623 5.841 12,1% 52,6% 7,8% 9,6%
3 4 Mazda 734 5.323 136,8% 65,6% 9,2% 8,7%
5 5 Mercedes Daimler 602 4.905 63,6% 16,2% 7,6% 8,0%
7 6 Volkswagen 481 4.259 0,6% -1,6% 6,1% 7,0%
9 7 Hyundai-Kia 364 3.921 -15,7% 65,4% 4,6% 6,4%
6 8 BMW 498 3.846 28,0% 37,7% 6,3% 6,3%
8 9 Mitsubishi 371 2.837 118,2% 177,1% 4,7% 4,6%
10 10 Fuji Heavy Industries 244 2.324 35,6% 116,0% 3,1% 3,8%

Wishing to know all about this market, consider to purchase dedicated research:

 

 

(264)

In the spotlight

Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018