WHY IS COE INJECTION NOT INCLUDED AS PART OF VEHICLE GROWTH RATE? LTA said the move to increase COEs will be on top of the existing allowable vehicle growth rate (VGR), which remains at 0 per cent for most categories. The VGR is the annual growth rate of the total vehicle population in Singapore, and … Read more
SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Aug 21). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$93,900 (US$71,800), down from S$94,289 in the last exercise. Premiums for larger and more powerful cars in Category B fell to … Read more
SINGAPORE: There will be a 1 per cent increase in the overall supply of Certificates of Entitlement (COE) for the August to October period compared with the previous quarter. There will be a total of 15,283 COEs, up from 15,104 in the previous quarter, the Land Transport Authority (LTA) announced on Tuesday (Jul 23). The quota … Read more
BETTER ACCEPTANCE OF EVs The Chinese EV market’s growth here comes as more motorists accept these alternative cars, industry players said. It also comes amid a hike in EV import tariffs imposed by the European Union and the United States. For instance, Vantage Automotive, which sells BYD, Ford and Peugeot cars, marked an increase in … Read more
SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Thursday (Jun 20). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$90,889 (US$67,200), up from S$88,200 in the last exercise. Premiums for larger and more powerful cars in Category B rose to … Read more
Users can also contact Tribecar via reports made through the app, emails and social media channels. If there are cleanliness issues, Mr Yong pointed out that users may also take the vehicle for cleaning, and the company would reimburse the cleaning fees and offer free rental hours as a “reward”. Mr Kelvin Tay, chief executive … Read more
