Latest News for: Singapore car sales

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Digital payments firm SumUp borrows 750 mln euros to fund growth

Canada Dot Com 16 Mar 2021
Also backing the debt round by the provider of mobile point-of-sale terminals for small businesses like cafes and car repair shops were ...
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Electric car sales accelerate with new incentives

Straits Times 21 Feb 2021
SINGAPORE - Electric car sales have picked up, powered by new tax incentives which kicked in last month.
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Electric car sales forge ahead in Singapore, powered by tax incentives

Straits Times 21 Feb 2021
SINGAPORE - Electric car sales have picked up, powered by new tax incentives which kicked in last month.
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DBS offers preferential loans to Tesla buyers

Straits Times 15 Feb 2021
When American electric car maker Tesla's Singapore sales portal went live last week, it emerged that the company had roped in DBS Bank as its preferred partner for loans ... This raised eyebrows because it seemed to breach a Monetary Authority of Singapore directive restricting car loans to no more than 70 per cent of the vehicle sale price.
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Tesla S'pore sales portal goes 'live'; Model 3 Standard Range to cost $113,000 before COE

Straits Times 09 Feb 2021
SINGAPORE - Tesla's Singapore sales portal has gone "live", a day after The Straits Times listed estimated prices of its cars ... “The Singapore car market has some of the highest dealer gross margins in the world ... The launch of the local sales portal follows years of speculation of ...
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Tesla's Singapore sales portal goes live

Straits Times 09 Feb 2021
Tesla's Singapore sales portal has gone live, a day after The Straits Times listed estimated prices of its cars ... Both cars fall under Category B COE for cars above 1,600cc or 97kW, which closed at $46,790 at the latest tender last week ... "The Singapore car market has some of the highest dealer gross margins in the world.
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COE prices shoot up ahead of smaller supply in February

Straits Times 20 Jan 2021
Observers said car manufacturers are continuing to press their dealers for more sales to shore up sharp contractions in almost every other market. In Singapore, the number of cars sold is determined by the COE quota - not by economic circumstances.
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Tesla update shows site of planned supercharger here

Straits Times 08 Jan 2021
American electric car maker Tesla has indicated the location of its first supercharger in Singapore, and it appears it is at the Singapore Island Country Club (SICC) ... tweets about how unsupportive Singapore has been to electric cars, and "unwelcome" to Tesla, in particular.
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IMF Sees Vietnam, Indonesia and Malaysia Fully Recovering in 2021

Caixin Online 29 Dec 2020
Meanwhile, Singapore, the Philippines and Thailand are not expected to cross the 100 mark until 2022 ... The Philippines’ outlook on consumer spending is murky, given a slowdown in sales of cars and other durable goods. Singapore’s tourism sector will likely also see a slow recovery.
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The Straits Times' Best Car Buys 2020

Straits Times 18 Dec 2020
SINGAPORE - In a year where entire industries have been sent reeling, car sales, sputtering in the first half of the year, remain relatively buoyant - ...
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Subie fangirl

Straits Times 27 Nov 2020
The car, which made a name for itself by winning several international rallies, was produced in the 1990s ... Ms Lim's love of cars started in childhood ... As luck would have it, one of Ms Lim's friends chanced upon a GC8 WRX - purportedly the only one remaining in Singapore - for sale in July this year ... "I alternate between both cars daily.".
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Car review: Which is more beautiful - the Mini Cooper S Convertible or Suzuki Jimny?

Straits Times 06 Nov 2020
SINGAPORE - If there is a beauty contest among the cars on sale here, the Mini Cooper S Convertible and Suzuki Jimny will likely be among the top ...
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Mercedes-Benz confirms three new EQ models, EQE sedan, EQE SUV and EQS SUV

Moneycontrol 13 Oct 2020
The addition of the new cars will take Mercedes’ electric car count to a total of eight including the EQC, the EQV, EQA, EQB and EQS sedan ... Now Mercedes has confirmed three new cars at the recently held investor conference ... Tractor sales in 2020 could become the best-ever in a year; car, CV segments still in the red.
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Singapore's retail sales fall 5.7 pct on year in August

Xinhua 05 Oct 2020
5 (Xinhua) -- The Department of Statistics (DOS) of Singapore announced on Monday that Singapore's retail sales decreased by 5.7 percent year on year in August, an improvement from the 8.5 percent year-on-year decline recorded in July ... Excluding motor vehicles, Singapore's retail ...
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COVID-19 expected to affect Singapore insurers' growth - AM BestTV

Malaysian National News Agency 15 May 2020
For the first time in a decade, the Singapore non-life insurance segment recorded an underwriting loss in 2019 ... “It is very hard in Singapore to raise the price of motor insurance because the number of car sales in Singapore is fairly limited, given the restriction on vehicle licences in Singapore.

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