Some car brands may change hands soon

[SINGAPORE] Despite Singapore's tough car market conditions, there is speculation that at least one European brand is set to change distributors here soon.

"Car buyers can expect some changes in the European car market here in the coming months," said a source.

But he declined to give more details or say whether the dealers taking over are existing players or new to the industry.

However, the source did say that the make or makes in question are not among the top-tier brands - which rules out market leaders like luxury marques BMW, Merce…