Automotive

In 2027, the combined maximum incentives for EV cars will be lowered to S$20,000 from S$30,000 currently.

Singapore

NEWS ANALYSIS

Record Cat A COE: expiring EV perk, impending changes behind ‘re-run of 2025 mania’

Awareness that incentives will be reduced in 2027, strong demand are keeping premiums elevated for mainstream cars

The new Buick uses the Xiao Yao platform developed by engineers at Saic-GM’s Patac in Shanghai, which has some 3,000 staff, according to Saic-GM.

Global Enterprise

From factory to tech frontier: China becomes legacy automakers’ innovation engine

Shifting R&D to the country helps traditional automakers bulk up their tech abilities

Global sales in May, including those of subsidiary Daihatsu Motor, fell 7.4% from a year earlier to 885,207 units, Toyota said on Jun 29.

Companies & Markets

Toyota sales drop again in May as Iran conflict hits production

It marks a fourth straight month of declines amid Middle East disruptions and competition in China

Roland Krueger, former Dyson CEO, believes Singapore has one advantage over many other cities when it comes to autonomous vehicles.

Transport & Logistics

Former Dyson Global CEO Roland Krueger on the road ahead for the car industry

He expects car sharing and subscriptions to become more common in places where owning a car is costly

Former Dyson CEO Roland Krueger is also an experienced polar explorer, having participated in multiple expeditions since 2002.

International

‘One of the worst accidents I could imagine’: Ex-Dyson chief Roland Krueger on polar exploration, crisis management and leadership

The German, who has held roles at BMW and Infiniti, pioneered a new skiing route in Antarctica in 2025

What does the future of the automobile look like?

Podcasts

High polarity: former Dyson CEO weighs in on the future of cars and getting to the South Pole solo

Former Dyson CEO Roland Krueger discusses how his harrowing solo South Pole expeditions shaped his leadership style, and shares insights on the future of the automotive industry and electric vehicles.

Car dealers say that demand in June tailed off in the wake of The Car Expo, which took place in early May.

Singapore

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

In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

Singapore

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

Industry observers think recent moves by C&C's parent company could be preparations for a sale of the unit.

Companies & Markets

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 is expanding its electric model range with the (from left) BZ4X Touring and Urban Cruiser.

Singapore

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

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