18 January 2015

Car Sales By Brand Singapore : 2014

She obviously has her COE sorted

In Singapore, to buy a car, you bid for a limited number of Certificate of Entitlements (COE), which you can get a basic idea of by clicking here. As for what you pay, click here and it seems presently in the $65,000 range. Then you have to buy the car! It limits the amount of cars on the road, but makes car purchasing very expensive. However, when a car hits ten years old mark, another COE has to be paid or the vehicle deregistered. If the latter is chosen, it takes the car off the road and frees up another COE.

That must have happened a lot in 2014, because sales were up 29% compared to the 20% drop in 2013. Mainstream cars took back some of the market from premium marques in 2014. Toyota regained top spot with a whopping 57% sales increase and many regular brands moved up the rankings even more spectacularly. The high sales of premium cars helps European makes do well, although the best selling mainstream cars are Japanese.

If more cars get deregistered in 2015 as seems to be the case, there will be another sales increase coming. The COE system keeps the road traffic and congestion under control, and with a good public transport system car ownership isn't essential anyway.


10 11 12 13 14 Make 2014 % +/-

1 3 3 3 1 Toyota 5,431 18.8% 57%

2 2 2 1 2 Mercedes 4,651 16.1% 20%

3 1 1 2 3 BMW 3,247 11.2% -13%

4 4 4 4 4 VW 2,522 8.7% -12%

10 18 18 7 5 Mazda 1,967 6.8% 210%

9 10 8 8 6 Nissan 1,829 6.3% 193%

8 5 5 5 7 Audi 1,565 5.4% -13%

5 8 11 11 8 Honda 1,541 5.3% 264%

14 9 7 6 9 Volvo 910 3.1% -3%

7 6 6 10 10 Hyundai 869 3.0% 89%

6 7 9 15 11 Kia 749 2.6% 179%

13 22 21 18 12 Subaru 627 2.2% 212%

16 12 12 13 13 Porsche 375 1.3% 3%

19 14 14 9 14 Jaguar 341 1.2% -30%

32 21 15 12 15 Land Rover 299 1.0% -18%

11 11 13 16 16 Chevrolet 293 1.0% 14%

17 16 16 20 17 Citroen 272 0.9% 58%

23 13 10 14 18 Peugeot 229 0.8% -22%

18 20 17 17 19 Ford 208 0.7% 0%

22 15 19 19 20 MINI 193 0.7% 5%

26 19 22 22 21 Renault 125 0.4% 3%

15 17 20 24 22 Suzuki 107 0.4% 26%

29 29 23 23 23 Opel 102 0.4% -15%

- 42 27 28 24 Infiniti 91 0.3% 168%

12 23 29 30 25 Mitsubishi 79 0.3% 172%

35 30 24 21 26 Bentley 70 0.2% -44%

28 26 25 27 27 Maserati 56 0.2% 0%

27 32 32 34 28 Alfa Romeo 35 0.1% 106%

33 25 26 25 29 Ferrari 31 0.1% -55%

34 33 34 29 30 Chrysler 27 0.1% -13%

38 36 32 26 31 Rolls Royce 19 0.1% -67%

40 39 39 38 32 Ssangyong 13
86%

- - 36 31 33 Mclaren 11
-56%

36 31 30 32 34 Lamborghini 10
-57%






Others 38






Total 28,932 29%

Data source: LTA Singapore
PS. Sales figures exclude taxis.

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