Honda joins Toyota to lead surge in new cars

Singapore

THANKS to the expanding supply of COEs, the total number of new passenger cars on the road in the first nine months of this year is nearly double that from a year ago, with the year-to-date figure of 38,933 units posting a whopping 93.5 per cent jump.

One of the brands to benefit the most is Honda, which is riding on replacement demand to speed up the sales charts.

In the third quarter of 2015, the Japanese make overtook Mercedes-Benz as the …