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More COEs in pipeline, final quota unclear
Industry players hope for easing of some loan restrictions, expect update on Carbon Emissions-Based Vehicle Scheme
Published Fri, Dec 19, 2014 · 09:50 PM
Steffen Schwarz, managing director of Volkswagen Group Singapore
Will there be a COE boom in 2015? If so, what are the challenges for distributors?
In our view, the total car market will be in the range of 50,000 to 60,000 vehicles in 2015 - significantly more than the 33,000 this year but perhaps not exactly the "boom" that some consumers may be expecting.
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