Latest news with #TheCarExpo
Business Times
07-05-2025
- Automotive
- Business Times
Category A COE premium breaks S$100,000 mark for the first time in 2025
[SINGAPORE] At the Certificate of Entitlement (COE) bidding exercise on Wednesday (May 7), the premium for the mainstream car category topped S$100,000 for the first time this year. The premium for Category A climbed 3.5 per cent or S$3,509 to S$103,009 – its highest level in 2025 so far – from S$99,500 recorded at the previous tender exercise on Apr 23. This category applies to cars with engines of up to 1,600 cubic centimetres (cc) in capacity or with up to 97 kilowatts (kW) of power, or for electric vehicles (EVs) with up to 110 kW of power. This marks the fourth consecutive increase for the category, which was last at the S$103,000 level in October 2024's first round of bidding, at S$103,799. In Category B, the premium was S$119,890, 2.5 per cent or S$2,887 higher than the S$117,003 at the last bidding. Category B is for cars with engines of more than 1,600 cc in capacity or with more than 97 kW, or for EVs with more than 110 kW. Unlike Category A, Category B did not exceed the highest level for 2025 to date, which is S$121,501, set in January's first round of bidding. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The price for the open category (Category E) COE was S$118,889 – 0.8 per cent or S$888 more than the S$118,001 in the previous bidding exercise. Open category COEs can be used to register any vehicle type other than motorcycles, but are almost always used for bigger, more powerful cars. This exercise is the first of the three-month COE quota period from May to July, when the supply of COEs will increase by 6.4 per cent to 18,232 from 17,133 compared with the period from February to April. Category A has increased by 10 per cent to 7,511, while Category B will grow by 5 per cent to 4,689 pieces. The premiums for the other two categories were down. At S$62,590, the commercial vehicle (Category C) COE premium was 3.7 per cent or S$2,411 lower than the previous price of S$65,001. The motorcycle (Category D) COE premium came in at S$8,709 – down 6.4 per cent or S$600 from S$9,309. Unexpected jolt Dealers The Business Times spoke to said that they expected passenger car premiums to rise in the wake of The Car Expo, an auto show that was held from May 3 to 4 at Singapore Expo. But it may not have been just sales activity that caused an increase in Category A, but increased competition within the segment. 'I felt the crowd was thinner compared to the last iteration of the show. Looking at the bidding activity, it shows that it wasn't a glut of sales. Dealers are not rushing to clear orders,' said automotive consultant Vincent Ng Ng Choon Wee, commercial director of authorised Hyundai distributor Komoco Motors, echoed that sentiment, saying that the show crowd was 'below expectations' and bidding volumes were not out of the ordinary. Bidding activity is typically higher after major car shows, as dealers look to secure COEs to fulfil orders. This round, 2,240 bids were received for Category A, which is the highest number aside from February's second round of bidding, but bids received have consistently topped 2,100 in the rounds since April. Industry observers said that while bidding numbers did not spike, there is stronger competition for Category A COEs that shows in the willingness to bid higher – past the S$100,000 mark. That is boosted by an increasing number of electric vehicles (EVs) in the category, as EVs receive up to S$40,000 of incentives compared to other types of car. 'Everyone is coming to fight in Category A, because that is where the numbers can be made. Some dealers are willing to bid aggressively to get a healthy population for visibility,' said Edward Tan, executive director of Hong Seh Group, the authorised distributor for Seres. At least three Category A Evs have launched in Singapore since February, including the Tesla Model Y, MG S5 and GAC Aion V. At the show, Chinese brand Seres debuted a Category A version of its Seres 3 sport utility vehicle, one of the least expensive in the segment, costing less than S$150,000 with COE.
Yahoo
02-05-2025
- Automotive
- Yahoo
The Car Expo 3-4 May: Up to $1,000 SPC vouchers for grabs
If you are looking to buy a car, swerve past The Car Expo from 3 to 4 May at Expo Halls 3 & 4, a popular local car-shopping event organised by SPH Media that attracts motoring enthusiasts and locals who are searching for good deals. Admission is free. The Singapore Expo is served by 2 MRT lines: the East-West (Green) Line and Downtown (Blue) Line. You may travel by either line and alight at the Expo MRT station (CG1/DT35). Check out these highlights. The Car Expo is your ultimate destination to explore over 40 automotive brands. From the latest models to pre-owned cars and accessories, there's something for every car lover. From sleek rides to family-friendly wheels, the event features a line-up of brands such as BYD Cars Singapore, Kia Singapore and ZEEKR Singapore, all revving up for The Car Expo. The first 1,000 daily visitors to the event will receive an exclusive The Car Expo thermal tumbler. Note that the visual is for illustration purposes only. Get up to S$1,000 worth of SPC vouchers when you book a new or pre-owned car. The first 50 daily shoppers to spend S$80 on car accessories in a single receipt will receive a S$10 SPC voucher. The first day of the event (3 May) will also feature an exclusive contest. A trivia quiz session will be held at 2pm and 5pm respectively at SPH Media's booth. The first 50 participants who correctly answer the questions posed will each get a S$15 voucher. Note that the vouchers are available while stocks last, so act fast before all of them are snapped up. Best car camera to protect you, your car & your wallet [Nov 2024 update] The post The Car Expo 3-4 May: Up to $1,000 SPC vouchers for grabs appeared first on
Straits Times
02-05-2025
- Automotive
- Straits Times
Fast Lane: The Car Expo opens, Category A COE cars from BMW and Maxus, documentary on teen F1 driver
The Car Expo opens on May 3 at 11am. PHOTO: SPH MEDIA Fast Lane: The Car Expo opens, Category A COE cars from BMW and Maxus, documentary on teen F1 driver 48 brands at The Car Expo Touted as 'the biggest car show in Singapore', The Car Expo is happening on May 3 and 4 at Singapore Expo's Halls 3 and 4. Organised by SPH Media, which publishes The Straits Times, there are 48 brands participatin g, including authorised distributorships, pre-owned car dealers, commercial vehicles and accessories. This is the highest number of participating brands since August 2022. Car brands making their debut at the expo include Deepal, Farizon, Jmev, Proton and Riddara . SPC vouchers valued at up to $1,000 will be given with the purchase of a new or pre-owned car. The first 50 shoppers each day who have purchased at least $80 worth of car accessories will get a $10 SPC cash voucher, subject to conditions. On May 3, at 2 and 5pm, the organiser will hold a trivia quiz where participants stand to win vouchers. Doors open from 11am on May 3 and 10am on May 4. Admission is free. Go to for more details. Category A COE BMW saloon Baby Bimmer: The second-generation 216 Gran Coupe is available at BMW dealerships. PHOTO: BMW BMW has launched the 216 Gran Coupe, the most compact four-door saloon in its line-up. Rated at 122hp, the 1.5-litre engine car qualifies for the Category A certificate of entitlement (COE), joining the ranks of the Audi A3 saloon and Mercedes-Benz CLA180. Priced at $233,888 with COE, the launch model is generously equipped, with premium features like an online navigation system and the M Sport package, which includes adaptive suspension. Category A COE people mover A for accommodations: The commodious Maxus Mifa7 is now available as a Category A COE model. PHOTO: MAXUS Maxus has announced a new variant of its Mifa 7 multi-purpose vehicle (MPV) that has been tuned to qualify for the Category A COE with 108kW. This is down from the 180kW Category B COE mode l introduced in Singapore in 2024. Torque remains unchanged at 350Nm, suggesting that the 4,910mm long seven-seater MPV should still be more than capable on the road. The 0-100kmh timing though has been stretched from nine seconds on the 180kW version to 14.7 seconds. The car is well-equipped with safety features such as lane-departure warning, a 360-degree camera and adaptive cruise control. The Category A COE Mifa 7 is available in two trim levels, with prices starting at $204,999 with COE. Documentary on Mercedes F1 driver New documentary The Seat reveals private WhatsApp chats behind the biggest driver change in F1 history. PHOTO: WHATSAPP The Seat is a 45-minute documentary on how an 18-year-old driver, Kimi Antonelli, got his seat in the Mercedes-AMG Petronas F1 Team. The film is released by WhatsApp, a partner of the racing team. In the press statement , Mercedes' team boss Toto Wolff said the team wanted to offer fans insight into the process that led to the Italian teenager being promoted into the top-level race series. One can assume a significant part of the discussion happened over WhatsApp. The racer was part of Mercedes-AMG's junior programme in 2019. He made his single-seater race debut in 2021 in the Italian F4 and Formula 4 UAE Championship Trophy Round. The film will be available on Netflix from May 5. Watch the trailer at Join ST's Telegram channel and get the latest breaking news delivered to you.
