COE premiums edge up across the board
Some dealers attribute this to the longer interval since the last COE tender or to more aggressive bidding
Singapore
PREMIUMS for certificates of entitlement (COEs) rose across the board on Wednesday, as buyers returned to showrooms in a traditional start to the new year.
In the first bidding exercise for 2015, Category A, for cars below 1,600cc and 130 hp, inched up S$121 to S$66,010; Cat B, for cars above 1,600cc and 130 hp, rose S$1,289 to S$75,289.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Porsche posts Q1 profit drop on ramp-up costs
Air China orders homegrown C919s in challenge to jet duopoly
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US