For subscribers

Luxury car sales on course for strong year, spurred by rush before tax hike

Sign up now: Get ST's newsletters delivered to your inbox

Italian carmaker Ferrari had already turned out 69 cars by June, nearly three-quarters of the 95 registrations it notched up in 2022.

Italian carmaker Ferrari had already turned out 69 cars by June, nearly three-quarters of the 95 registrations it notched up in 2022.

ST PHOTO: MARK CHEONG

Follow topic:

SINGAPORE - Some ultra-luxury car brands including Rolls-Royce and Ferrari look set to record a better year for sales, with figures in the first half of 2023 already nearing those recorded for the whole of 2022.

Most of the cars were registered between March and May, as buyers rushed to place their orders after news of a tax hike in February.

See more on