Companies / Singapore
Chinese Opportunities For Singapore
November 2006 | BMI ViewNew vehicle registrations in Singapore have continued on a growth curve into October, although growth is slower y-o-y. Sales for the year to October of 126,621 units show a continuation of the trend towards slower growth, as established in 2005. However, the results are on track to meet the full-year forecast of 153,241 units, outlined in BMI's recently published Singapore Automotives Report. The report also maintains BMI's forecast for the period to 2010, by which time we expect new registrations to be little under 180,000 units, with the small car segment accounting for the majority of sales due to escalating
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