The prediction by some dealers comes after LTA announced a one-time redistribution of car COEs. Read more at straitstimes.com.
SINGAPORE - The additional certificates of entitlement that will be redistributed to the car categories over the next few quarters may help to bring down car prices, but consumers hoping for a larger drop in COE
premiums will have to wait longer.made by the Land Transport Authority to the two car COE categories that was announced on Monday.Get exclusive reports and insights with more than 500 subscriber-only articles every month
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Private-hire car population remains stable; less than 3% of COEs secured went to foreignersSuch vehicles accounted for around 10 per cent of the total car population, noted Transport Minister S. Iswaran. Read more at straitstimes.com.
Read more »
S Iswaran: We must expect long-term trajectory for COE prices to be upwards - Singapore NewsLess than 3% of car COEs, on average, obtained by foreigners
Read more »
China's car sales rise 2.1% in April as price war effect fadesBEIJING/SHANGHAI : China's passenger vehicle sales rose by 2.1 per cent in April from a month earlier, industry data showed, underscoring a slower pace of growth as the stimulus effect of price cuts and incentives faded. Car sales in April totalled 1.65 million units, 54.5 per cent higher from a year earlier
Read more »
Hyundai Motor to invest $1.5 billion to build EV factory in South KoreaSEOUL : Hyundai Motor Co plans to invest around 2 trillion won ($1.51 billion) in Ulsan, South Korea to build a designated electric vehicle (EV) factory, South Korea's finance ministry said on Tuesday. The new plant is set to break ground in the fourth quarter, the finance ministry said in a statement.
Read more »
Man arrested after killing 7 pedestrians with car in Brownsville, TexasThe crash occurred at 8.30am local time near a shelter for migrants and homeless. Read more at straitstimes.com.
Read more »
At least 7 killed in car ramming outside Texas migrant centreBROWNSVILLE: At least seven people were killed on Sunday (May 7) in south Texas and several others injured when a car plowed through a group waiting at a bus stop outside a migrant aid centre, police said. Law enforcement said they were treating the incident as an accident for now, though a witness to
Read more »