Saturday, Dec 20, 2014Saturday, Dec 20, 2014

Singapore

 

No strong takers yet for Skoda's Singapore franchise after previous agent went bust

Published on Jul 23, 2014 9:47 AM
 

Skoda dealership, anyone? No one has taken over the Czech brand's Singapore franchise after its previous agent, Harvest Automobiles, went bust last year - the third Skoda agency to have failed here.

The Straits Times understands that the only motor company to have expressed strong interest is Vertex Automobiles, the Chery dealer owned by egg trader Lian Fong.

But Skoda, which is owned by Volkswagen Group, is hoping a stronger party can take over.

It has been courting Trans Eurokars, a multi-francise group owned by businessman Karsono Kwee. Among its brands are Rolls-Royce, Porsche, Mini and Mazda.

 
If you are not a subscriber, you can get instant, unlimited access here

Videos