Registrations were up 61% for February and +41% YTD. It sounds good but it comes off a very poor 2024 so is well short of a record. As the number of cars on the road is controlled anyway, changes in volume don't tell us much.
Toyota / Lexus took the lead off Honda in 2020 and remained at the top from then through to 2024. That may not have been the case had Toyota and Lexus been combined.
Regardless, T / L has had a very slow start to 2025 and finds itself fourth. I don't know when it has been that low before. BYD has taken a commanding lead, selling one in five cars here so far!
Premium marques sell well here as cars here are very expensive so wealthier car buyers are more likely to be able to afford one.
Data source: LTA Singapore.
Picture Source: BYD Singapore.
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