SUBSCRIBERS
Parallel imports flat despite expanding COE quota
Published Tue, Apr 25, 2017 · 09:50 PM
Singapore
AFTER the explosive growth of the past three years, the parallel import (PI) industry seems to have hit the brakes driving into 2017.
For the first time since 2013, the number of registrations for parallel import (PI) cars - that is, those not offered by authorised dealers - has fallen, shrinking by 0.9 per cent in the first three months of 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
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
Airbus net profit soars 28% in first quarter
AirAsia discloses new listing plans under RM6.8 billion units merger