ET Graphics | Big Wheels: Small car sales may surge to 5-year high

Small car sales are projected to reach a five-year high of approximately 749,000 units between September and November. This surge is fueled by robust demand for compact SUVs, made more accessible by a recent 10-percentage-point GST reduction. Comp...

Sales of small cars—those under four metres in length—are estimated to climb to a five-year high of about 749,000 units in the festive months from September to November this year, according to data from JATO Dynamics.

The surge is being driven by strong demand for compact SUVs, aided by the recent 10-percentage-point cut in GST on small cars that has made them more affordable. Every second vehicle sold in this period is likely to be a compact SUV.

SUB-FOUR-METRE VEHICLES

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GOVERNMENT’S MOVE

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MINI MPVs AND MICRO CARS

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KEY TRIGGERS

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UNIT SALES

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