SUBSCRIBERS
Mid-luxury cars up to S$200k still selling well: dealers
Published Fri, Feb 26, 2016 · 09:50 PM
Singapore
THE mid-luxury car market is still going strong despite the current gloomy economic outlook, but the higher-end luxury segment has slowed to a crawl as buyers' comfort levels slump in line with weak sentiment.
Most distributors of luxury models say there have been fewer takers for cars costing S$200,000 and up including COE; sales of those costing between S$150,000 and S$200,000 remain relatively steady.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Honda to spend US$11 billion on EV strategy in Canada
India’s IndiGo gets into long haul game with Airbus A350 deal
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
China's largest auto show displays all-electric future, local brands dominate