Sales of high-end cars soar, but sink for general market

New models of super-luxury cars boost take-up; mass market brands hit by smaller COE supply

Among the six brands with cars mostly in the above-$750,000 price range, three posted higher sales here, according to latest figures from the Land Transport Authority.
Among the six brands with cars mostly in the above-$750,000 price range, three posted higher sales here, according to latest figures from the Land Transport Authority.ST PHOTO: CAROLINE CHIA

High-end car sales soared to greater heights last year even as the general market slumped on the back of fewer certificates of entitlement (COEs).

Among the six brands with cars mostly in the above-$750,000 price range, three posted higher sales here, according to latest figures from the Land Transport Authority.

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A version of this article appeared in the print edition of The Straits Times on January 30, 2019, with the headline 'Sales of high-end cars soar, but sink for general market'. Subscribe