Automotive
COE supply expected to rise 20% in 2026, but premiums may not fall in proportion
Demand for electric vehicles and from private-hire fleets could keep premiums elevated, say industry observers
Huawei’s Maextro S800 becomes China’s top-selling US$100,000 car
The company has emerged as a dominant force in the country’s auto industry
Creditors of Autobahn Rent A Car, Shariot group claim S$38 million more, contrary to group’s own estimates
DBS, UOB, OCBC, Teck Wei Credit and Toyota Financial Services list liabilities higher than those listed by the group
Nidec founder and chairman Nagamori quits board after spate of accounting issues
The 81-year-old has voluntarily resigned his post, the world’s largest maker of mini-motors says
BlueSG disposes of old EVs ahead of relaunch in 2026
LTA blocks the transfer of Bluecars to Tribecar due to EV Sharing Scheme restrictions
Mainstream car COE premium climbs 3.9%, but large car category slides 7.1%
The focus on Category A comes as brands strive for sales in the last bidding round of 2025
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles
Trump wants Asia’s ‘cute’ Kei cars to be made and sold in US
The ultra-compact cars are tailored to narrow roads with an affordable price tag to match their size
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