Automotive
Fall in COE prices across board suggests car, commercial vehicle premiums hitting resistance level
But observers do not expect rates to drop as competition remains intense
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
The Open category is the only one that is higher, with an increase of S$2
Shareholder change ‘not a new thing’; firm’s strength comes from its talent: Cycle & Carriage MD
The Singapore and Malaysia car retailer’s staying power stems from its management and people, says Wilfrid Foo
Toyota to launch its first mainstream EV in Singapore in Q3 2026
The Urban Cruiser will use a Category A COE; another SUV, the bZ4X Touring, will also hit the market
Commercial vehicle COE premium up 5.4% at record high of S$92,223
Category B hits a six-month high, while Category A is the only premium to dip
Car dealers submit S$68 million for renewal of Automobile Megamart’s lease
If successful, the site’s lease will be extended until the end of 2040
Troubled platform UCars founded by group of dealers wound up on S$4 million debt
Winding up application filed on Feb 23 after previous legal tussles between company and its main shareholder
COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000
All premiums rise in May’s first round; LTA urges prudent bidding
Vin’s Holdings secures settlement, partial repayment of S$44,300 from ex-employee
This is related to irregular transactions by a former key executive that was disclosed in April
China’s carmakers chase ‘Yaris moment’ to ignite overseas growth
Overseas markets offer room to grow – and to charge more – if Chinese brands can persuade consumers they understand local tastes
