Singapore 2017. Kia shining in a flat market

Singapore Autos

Singapore Autos market in the 2017 was stable at the high level hit in the previous year, with near 110.000 vehicles sold, almost three-time more than in the 2013. Toyota overtook Honda on top of car passenger’s ranking, but just for peanuts.

Singapore’s momentum in economic lost some steam in Q4 but continued its healthy expansion, as markets had widely expected. Year-on-year growth benefited from solid global demand for electronics, which underpinned the manufacturing sector. The services sector also supported the economy, while the construction sector continued to contract, dragged down by the high stock of real estate. External demand seems, however, to be weakening: Annual growth in non-oil domestic exports softened considerably in both November and December. That said, business sentiment remains upbeat, and the robust Manufacturing PMI reading in December suggests that Q1 started on solid footing.

Singapore vehicles market hit a negative peak in the 2013 and then started a fast growth, supported by the decision taken by the government to release more CEE (certification for vehicles purchase) with total vehicles sales volume grew impressively from 37.511 (2013) to a new record in the 2017, when – according to data released by the Singapore Bureau of Statistics – sales hit the 109.888 units, down 0.8% from the previous year.

 Sales 2012Sales 2013Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018 e
Car32.72325.95433.02161.76387.93890.16791.442
HCV4.7756.68612.54915.14517.32114.32015.559
Taxi4.8363.4934.0854.0603.7942.7702.825
Bus1.1551.3781.6941.7991.8522.6312.684
Total43.48937.51151.34982.767110.905109.888112.510

 2012 Var2013 Var2014 Var2015 Var2016 Var2017 Var2018 var e
Bus-24,7%19,3%22,9%6,2%2,9%42,1%2,0%
Car-1,3%-19,5%28,8%113,5%42,4%2,5%1,4%
HCV-20,5%40,1%88,0%20,7%14,4%-11,9%2,0%
Taxi-7,8%-27,8%16,9%-0,6%-6,6%-27,0%2,0%
Total-5,8%-12,0%39,0%75,1%34,0%-0,1%1,5%

At brand-wise (just car passenger’s), Toyota gained the leadership with few units of advantage over Honda.

Indeed Toyota have sold 16.037 cars (+7.8%) while the rival Honda did 16.013 (-17.8%).

In third place  Mazda with 8.509 (+20.0%) followed by Mercedes with 6.457 units (+0.2%), BMW with 5.591 (+22.0%), Nissan with 5.249 (-25.4%) and Kia with 3.848 (+63.3%). 

Rank 2017Rank 2016BrandSales 2017Sales 2016Variation 2017Share 2017Share 2016
12Toyota16.03714.8757,8%17,8%16,9%
21Honda16.01319.349-17,2%17,8%22,0%
33Mazda8.5097.09120,0%9,4%8,1%
45Mercedes6.4576.4440,2%7,2%7,3%
56BMW5.5914.58222,0%6,2%5,2%
64Nissan5.2417.028-25,4%5,8%8,0%
713Kia3.8482.35763,3%4,3%2,7%
811Hyundai3.8032.58747,0%4,2%2,9%
98Mitsubishi3.5553.632-2,1%3,9%4,1%
109Subaru3.3252.90214,6%3,7%3,3%
117Lexus3.0964.059-23,7%3,4%4,6%
1212Audi2.6042.36010,3%2,9%2,7%
1310Volkswagen2.4502.779-11,8%2,7%3,2%
1414Volvo1.5261.4852,8%1,7%1,7%
1527Opel961241298,8%1,1%0,3%
1621Renault76846266,2%0,9%0,5%
1715Citroen722814-11,3%0,8%0,9%
1817Peugeot68160812,0%0,8%0,7%
1918Porsche67756320,2%0,8%0,6%
2019Jaguar553555-0,4%0,6%0,6%
2122Land Rover52938836,3%0,6%0,4%
2220Suzuki5014961,0%0,6%0,6%
2316Chevrolet468623-24,9%0,5%0,7%
2423Mini46738321,9%0,5%0,4%
2526SsangYong38827939,1%0,4%0,3%
2624Ford3593376,5%0,4%0,4%
2725Infiniti302328-7,9%0,3%0,4%
2835Seat19914
2933Perodua12518
3028Maserati12463
3129Bentley7053
3238Jeep529
3331Ferrari3937
3435Aston Martin2914
3532Rolls-Royce2519
3636Alpina2312
3730Alfa Romeo1239
3834Lamborghini1115
3939McLaren105
4042Skoda62
4143Triumph31
4237Chery210
4344Mitsuoka1-
4343Fiat11
4343Lotus11
4340MG14
4344Austin1-
4344Datsun1-
4444Hafei--
4441Tesla-3
4444Hummer--
4444Proton--
4443Daihatsu-1

Rank 2017Rank 2016GroupSales 2017Sales 2016Variation 2017Share 2017Share 2016
12Toyota M.C.19.13318.9351,0%21,2%21,5%
21Honda M.C.16.01319.349-17,2%17,8%22,0%
33Renault Nissan Alliance9.86711.450-13,8%10,9%13,0%
44Mazda8.5097.09120,0%9,4%8,1%
58Hyundai-Kia7.6514.94454,8%8,5%5,6%
65Mercedes Benz6.4576.4440,2%7,2%7,3%
77BMW6.1064.99622,2%6,8%5,7%
86Volkswagen Group6.0175.7864,0%6,7%6,6%
99Fuji Heavy Industries3.3252.90214,6%3,7%3,3%
1010P.S.A.2.3641.66342,2%2,6%1,9%

 

 

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