With the push to steer Singapore towards a car-lite society, the Land Transport Authority announced that it was cutting the annual allowable car growth rate from 0.25% to zero, starting in February 2018. This means that new Certificates of Entitlement (COEs) will only be issued if another car deregistered. Consequently, the overall vehicle COE pool shrunk by 4% on April 2018. With fewer COEs to bid for, it has pushed down the demand for new luxury cars, thereby resulting in a decline in current...
Euromonitor International's Luxury Cars in Singapore report offers a comprehensive guide to the size and shape of the Luxury Cars market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Cars retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 illustrate how the market is set to change
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Luxury Cars market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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Summary:
Get latest Market Research Reports on Luxury Cars. Industry analysis & Market Report on Luxury Cars is a syndicated market report, published as Luxury Cars in Singapore. It is complete Research Study and Industry Analysis of Luxury Cars market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.