Car sales were numerically low in Singapore, due to fewer permits (COE) issued to buy them. Cars have high duty and the cost for the COE is steep, so it makes average cars uneconomic. Those who can afford all this can also buy a better class of car, so the market is being taken over by premium marques. This is obvious from the data below:
10/11/Brand/Sales/Inc-dec
3 1 BMW 4,959 5%
2 2 Mercedes
No comments:
Post a Comment