SUBSCRIBERS
Mid-luxury cars up to S$200k still selling well: dealers
Published Fri, Feb 26, 2016 · 09:50 PM
Singapore
THE mid-luxury car market is still going strong despite the current gloomy economic outlook, but the higher-end luxury segment has slowed to a crawl as buyers' comfort levels slump in line with weak sentiment.
Most distributors of luxury models say there have been fewer takers for cars costing S$200,000 and up including COE; sales of those costing between S$150,000 and S$200,000 remain relatively steady.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources