3 new models may keep Cat A COE buoyant

Singapore

THREE new Japanese sedans are expected to shake up the COE Category A market when they arrive early next year, just in time for a recategorisation of the small car segment.

The launches of the new Toyota Corolla Altis, Mazda3 and Honda City are likely to keep the Cat A COE premium relatively buoyant despite the exit of luxury models, which had been blamed for pushing up prices. Still, most dealers foresee at least a 10 to 15 per cent fall from current certificate of entitlement levels.