Singapore: light passenger market sink 10%. New rules issued for COE.

In August, Singapore car sales fell again 10.2% as new rules for car loans have hit consumer’s demand. In addition, government has revised COE rules, effective from 2014. BMW and Mercedes continued to fight on top of the market.

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Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018