The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

¥ slide: No big dent on car prices

The COE premium still forms the bulk of car prices, and cars made outside Japan are often traded in US$, say dealers

Published Wed, Oct 8, 2014 · 09:50 PM
Share this article.

Singapore

IT WILL be difficult for buyers of Japanese-made models here to determine the exact reduction in car prices - if any - as a result of the falling yen, because of fluctuating COE (certificate of entitlement) premiums.

But more likely, dealers will use the forex savings to strengthen their COE bids.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here