Registrations were up 3% in February and up 26% YTD. For a market that is open to all brands and doesn't have a local hero to support, it's amazing that BYD has captured 25% of it. One in every four cars!
Toyota and Lexus are inexplicably lumped together yet well and truly second. Sure, 15.7% market share is good but to be left behind like that is not often what Toyota experiences. Tesla is solid in third place. So the top three have over half of the total sales.
The next three are doing it tough, then we have Chery and MG coming after them. Chinese car manufacturers have surplus production capacity and they want to utlilise that to a greater extent. Singapore is part of the solution.
Please note: The 2025 share below is for the complete year.
Data source: LTA Singapore. Photo source: BYD (Atto 2) Singapore.
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