Vehicle population grows for first time since 2013

The vehicle population growth stumped industry observers, as zero-growth has been instituted in the vehicle quota system since February 2018.
The vehicle population growth stumped industry observers, as zero-growth has been instituted in the vehicle quota system since February 2018.ST PHOTO: LIM YAOHUI

SINGAPORE - Despite a zero-growth cap on the vehicle quota system, new government figures show that the vehicle population in the Republic grew by 1.4 per cent in the first nine months of the year to 970,344.

The growth was largely on the back of a 2.1 per cent increase in the car population, to 630,902, according to newly-released statistics from the Land Transport Authority.

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