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Will car prices in Singapore rise with continued chip shortage?
Local trade minimally affected for now as some car companies see sales volume fall but profits rise on higher margins
Add BT as a preferred sourcePublished Sun, Sep 19, 2021 · 09:50 PM
Singapore
THE ongoing semiconductor shortage may be putting the brakes on car production around the world, but many in the motor trade in Singapore say that business is only minimally affected for now.
And as scarcity helps carmakers to raise prices, inflation could eventually hit the car market.
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