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...
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

GOVERNMENT’S MOVE

MINI MPVs AND MICRO CARS

KEY TRIGGERS

UNIT SALES

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