The Business Times
SUBSCRIBERS

Niche car brands may miss out on riding the COE boom

Some have failed to debut new models to excite the market; one dealer says buyers now go for recognised brands

Published Tue, Jun 2, 2015 · 09:50 PM
Share this article.

Singapore

SOME niche car brands in Singapore which have been languishing amid sluggish conditions may not benefit from the gradually expanding quota of certificates of entitlement (COEs) because of changing market conditions, say motor dealers.

In the first four months of 2015, some mass-market brands have had registrations only in the single digits: Daihatsu had two, and Fiat and Chrysler, one apiece. Skoda and Chery, which registered one and two cars respectively last year, have so far had no registrations this year.

BT is now on Telegram!

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

Transport & Logistics

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