Latest news with #vehicleowners
Yahoo
6 days ago
- Automotive
- Yahoo
COE prices slide across the board in Singapore except motorcycles
SINGAPORE — Certificate of Entitlement (COE) premiums dropped across nearly all categories, in the latest round of bidding on Wednesday (4 June), signalling a potential cooling in the car market – but motorcycles bucked the trend with a surprise jump. Category A, covering smaller cars up to 1,600cc and 130 bhp and electric vehicles up to 110kW, saw the steepest dip, falling 5.4 per cent to $96,999 – the first time it's dipped below the $100,000 mark in recent tenders. This marks the second consecutive drop, offering some relief to budget-conscious car buyers. Category B, which is used for larger and more powerful cars, slipped 3.4 per cent to $113,000, while Open Category (Category E) COEs, which can be used for all vehicle types except for motorcycles, dropped 3.5 per cent to $113,900. Commercial vehicle COEs (Category C), which includes buses and goods vehicles, also edged down by 1.9 per cent to $62,000. But not every segment followed the same path. Motorcycle COEs (Category D) climbed 3.4 per cent to $9,000, the only category to post a gain – highlighting steady demand despite the overall downward pressure. While prices remain higher than a year ago, this across-the-board drop (barring two-wheelers) could hint at a stabilising COE market. The COE gives the owner the right to register and use a vehicle in Singapore for 10 years. It can be obtained through an online open auction conducted twice a month. Bidding exercises usually start at 12pm on the first and third Monday of the month, and last for three working days. Each bidding will end at 4pm on Wednesday, if there is no public holiday in between. The vehicle quota in each category will be announced before the start of each bidding exercise. After 10 years, when the COE expires, an owner can choose to de-register the vehicle or renew the COE. Since 1 February 2023, the number of COEs available for bidding in the corresponding vehicle category in each quarter is the rolling average of the number of vehicles deregistered over the previous four quarters. COE prices, of course, can drop – it is dependent on supply and demand. Since 2017, the Ministry of Transport has been freezing vehicle population growth for all categories except Category C for goods vehicles and buses. The current rates will be maintained until 31 January 2028. Singapore is one of the costliest places in the world to buy a car – in fact, in 2022, the Global Wealth and Lifestyle Report 2022, released by Swiss private bank Julius Baer, found Singapore cars were the most expensive globally.
Zawya
03-06-2025
- Automotive
- Zawya
ITC calls on vehicle owners to complete necessary procedures for long-term parked vehicles in M-18 Musaffah truck parking area
Abu Dhabi – As part of its ongoing efforts to regulate the use of truck yards and public parking facilities and enhance their operational efficiency across the Emirate of Abu Dhabi, the Integrated Transport Centre (ITC), affiliated with the Department of Municipalities and Transport, has called on vehicle owners whose vehicles have been parked for more than six months in Musaffah's designated truck yard (M-18) to visit the on-site parking management office to complete the necessary procedures, including updating vehicle records and settling outstanding fees. The ITC confirmed that vehicles left parked for extended periods without fulfilling the required procedures, such as updating vehicle information and settling outstanding fees, may expose their owners to legal action, including the possibility of public auction in coordination with the relevant authorities and in accordance with the applicable regulations in the Emirate. The ITC urged the concerned vehicle owners to promptly complete the required procedures, noting that unauthorised parking or failure to register vehicle details constitutes a clear violation of public parking regulations. Such practices obstruct the flow of movement within the yards and negatively impact the visual appearance of the urban environment. This measure is part of the ITC's ongoing efforts to regulate parking usage, maintain smooth traffic flow, ensure public safety, and enhance the urban appearance of the Emirate.
The Independent
29-05-2025
- Automotive
- The Independent
Ford recalls more than a million vehicles for software glitch that makes rearview camera unreliable
Ford is recalling more than a million vehicles due to a software issue that can cause the rearview camera to malfunction, increasing the chance of an accident, government auto regulators said. The software error, which Ford reported to the National Highway Traffic Safety Administration earlier this month, may cause the rearview camera image to delay, freeze or not display when the vehicle is in reverse. The problem will be fixed by a dealer or via an 'over-the-air' update at a later date. A preliminary letter notifying owners of the safety risk is expected to be mailed June 16, with a second letter to be sent once the update is available, expected sometime in the third quarter of 2025. The following Ford vehicles — a total of 1,075,299 — are included in the recall: 2021-2024 Bronco 2021-2024 Edge 2023-2024 Escape 2021-2024 F-150 2023-2024 F-250, F-350, F-450, F-550, F-600 2022-2024 Expedition 2022-2025 Transit 2021-2023 Mach-E 2024 Ranger 2024 Mustang 2021-2023 Lincoln Nautilus 2022-2024 Navigator 2023-2024 Corsair Owners can contact Ford customer service at 1-866-436-7332. Ford's number for the recall is 25S49. Owners may also call the NHTSA's Vehicle Safety Hotline at 888-327-4236 (TTY 888-275-9171) or go to
Yahoo
10-05-2025
- Automotive
- Yahoo
DCSO vehicle inspection site open Friday
The Daviess County Sheriff's Office's remote vehicle inspection site will be open on Friday, May 9, at 5333 Frederica St. The site will be open from 8 a.m. to 4:30 p.m. The location is Kentucky Sound Stage, which is in the former Malco Theaters location. Officials will inspect vehicles damaged in the March hail storm. People seeking a "hail damage" amendment to their vehicle titles must have their vehicles inspected by the sheriff's office before seeking the title change from the county clerk. Before getting the inspection, people must have a letter from their insurance carrier stating the vehicle sustained 75% damage or more, or is considered a total financial loss. The insurance company letter must include the vehicle's VIN. People arriving for inspections must also bring their identification and a check or $15 in cash for the inspection. A person with a hail damage title can still drive their vehicle if it is roadworthy. Windshields must be free of cracks before the sheriff's office will inspect a vehicle.
