Automotive
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
Chinese carmakers retreat from record share of European sales
BYD in particular has rapidly built its sales network, with a focus on the UK
Chinese carmakers shift to ‘asset-light’ models in overseas expansion
The technology-for-equity deal is designed around deep operational integration
Shariot’s woes reflect rough road for car-sharing in Singapore: observers
High and fluctuating costs, small scale and operational difficulties may have been factors
China’s GWM targets 300,000 annual production with first Europe car plant
Chinese automakers are increasingly looking to expand overseas as a way of escaping a brutal, prolonged price war touched off by domestic overcapacity
Premium Automobiles teeing up to buy Sime Darby Business Centre for S$55 million
Former Audi dealer, which now distributes China EV brands, signs put-and-call option for acquisition of Alexandra Road showroom building
Stamford Tyres puts commercial property at 455 MacPherson Road up for sale at S$12.5 million
With a land area of 10,236 square feet, the location currently houses one of the company’s tyre retail outlets
Large car COE premium spikes 13% as mainstream car category cools
Buyers choose large cars due to narrowed gap between Category A and B premiums in previous round, say industry observers
