Derryn Wong
CORRESPONDENT
BT’s transport correspondent has covered the automotive industry for more than 15 years and now also reports on mobility, aviation and shipping. If it moves people or things, he’s interested and even more interested if it does so faster, better and cleaner.
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Large-car COE premium down almost 5% at S$123,900; most categories dip
Mainstream-car category declines 3.3%, and motorcycles by 5%
DBS, OCBC, UOB among those owed S$304 million by Autobahn, Shariot group; white knight in talks
DBS owed S$94.8 million, Teck Wei Credit, S$70 million; hearing set for Dec 2
Shariot’s woes reflect rough road for car-sharing in Singapore: observers
High and fluctuating costs, small scale and operational difficulties may have been factors
Singapore car-sharing service Shariot, related firms face S$180 million debt; exploring survival options
Lawyer’s letter to creditors requests temporary standstill on enforcement or recovery actions
MaxSteel forges its future on diversification and a major regional expansion
The steel and metal products maker expects to triple its revenue through a new joint venture in Thailand to support the electric...
Premium Automobiles teeing up to buy Sime Darby Business Centre for S$55 million
Former Audi dealer, which now distributes China EV brands, signs put-and-call option for acquisition of Alexandra Road showroom building
Stamford Tyres puts commercial property at 455 MacPherson Road up for sale at S$12.5 million
With a land area of 10,236 square feet, the location currently houses one of the company’s tyre retail outlets
Large car COE premium spikes 13% as mainstream car category cools
Buyers choose large cars due to narrowed gap between Category A and B premiums in previous round, say industry observers
As Thailand’s EV adoption grows, its automotive market wrestles with aftershocks
China EVs have brought price wars, consumer uncertainty and infrastructure concerns
Wuling’s commercial vehicle brand Linxys makes South-east Asia debut in Singapore with Carsome subsidiary CarTimes
The brand debuts with two electric vans, including the city-state’s first fully electric micro van
