Singapore Passenger Car Sales : 2018

Sales for 2018 were -13% and -34% in December. However, comparing years and months is somewhat academic. The reason is due to the COE system or certificate of entitlement arrangment. The government only issues so many and they are bid for by those desirous of buying a new car. The amount of certificates available depends mainly on how many cars were scrapped or taken off the road. It's all