"Singapore Autos Report Q4 2014" Is Now Available at Fast Market Research
Certificate of entitlement (COE) prices for all vehicle categories rose in the second round of bidding in August 2014 on the back of strong demand, despite an increase in COE quotas over the past three months. We expect this dynamic to continue playing out over the next few years as car owners gradually replace their cars that are nearing their 10 year lifespan, pushing up demand. In view of rising COE quotas, we are revising our vehicle sales growth forecast...
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