Tuesday, February 21, 2017
Singapore Car Sales - Brand / 2016
The system employed of issuing certificates for new cars creates unusual patterns of car buying. Ten years ago sales fell precipitously from 117,000 in 2006 to a low of 22,500 in 2013. They are now back on the rise, with 87,500 registrations in 2016. When will the crest of the wave be reached again before another fall? It all depends in how many certificates (COEs) are handed in as older cars
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