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.
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