A tale of two car brands for Tan Chong in Singapore

IT IS a tale of two Japanese brands of Tan Chong International in Singapore, with Nissan doing very well and Subaru rather badly.

The Hong Kong-listed car distributor revealed in its 2023 interim report published on the Singapore Exchange on Thursday (Sep 14) that Nissan did not suffer a decline in sales volume in Singapore in the first half of 2023.

This was mainly due to the “growing popularity” and expanding line-up of its electrified e-Power range, which saw a 24 per cent year-on-year rise in sales volume and made up two-thirds of Nissan sales in the first half of 2023, the company said.