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Singapore September 2015: Honda up 4-fold to 16.7% share

Honda HR-V Singapore September 2015. Picture courtesy motortrend.comHonda sales are up 313% year-on-year in Singapore in September.

* See the Top 35 All-brands by clicking on the title *

The drastic price reduction of Certificates of Entitlements continue to have a boosting effect on the Singaporean new car market, with sales up a mammoth 79% year-on-year in September to 5.260 registrations. The year-to-date total now stands at 38.933 units, up 93% on the same period last year. Toyota doubles its sales year-on-year to 1.146 to stay in the lead with 21.8% of the market (these figures include Lexus), Honda is up four-fold to 879 sals and 16.7% share, ahead of Nissan (+137%), Mercedes (-20%) and BMW (-7%). Luxury brands have lost a large part of their appeal in Singapore indeed, now that it is cheaper to register a car in the country. Notice also Hyundai up 181%, Subaru up 233%, Kia up 131%, Citroen up 124% and Land Rover up 147%. As for Mitsubishi, the Japanese carmaker goes from zero sales in September 2014 to 170 this month!

Previous month: Singapore August 2015: Honda, Nissan and Mazda lift market up 82%

One year ago: Singapore September 2014: Honda increases sales 8-fold

Full September 2015 Top 35 All-brands Ranking Table below.

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