Automotive
China warns of ‘penalties’ against carmakers for price war
Other than slashing prices, some automakers have offered incentives such as interest-free loans to entice buyers
Government rejects call for shorter COE renewal tenures
Shorter COE renewal duration will amplify peak and trough of cycles, says Acting Minister for Transport Jeffrey Siow
China brands go upmarket as Japan mounts EV charge at Singapore Motorshow
Models from Chinese carmakers priced from S$500,000 debut; Toyota and Honda officially introduce electric vehicles
Auto dealer Tan Chong expects HK$327 million in gains from investments in 2025
It expects to report its financial performance before end-March 2026
Mainstream car COE premium down nearly 7% as big car category ticks up 3.5%
Results in the latest bidding round are mixed; premium for commercial vehicles dips, while motorcycle and Open categories rise
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
Carmakers slash prices again in China, defying regulators
Prices for new cars keep falling as automakers compete to clear out inventory in a sluggish market
Singapore ranks high for adoption of new energy vehicles in South-east Asia: study
Awareness of types of new energy vehicles is highest in the Republic, based on a survey by Inchcape
Private-hire car rental company Lumens ends leases early for around 100 drivers
The company says some were abusing petrol subsidies with claims as high as S$2,700 a month
Autobahn Rent A Car group appeals dismissed moratorium, reveals potential SGX listco investor
The group also files for a new six-week interim moratorium to facilitate investment negotiations