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Nov 3, 2010
Big car COE at 7-mth high
By Christopher Tan
Motor traders said the traditional year-end spurt to meet sales targets had fuelled bidding. -- ST PHOTO: LAU FOOK KONG
FOUR out of five COE premiums ended higher at the latest tender on Wednesday.
COE for cars up to 1,600cc climbed to $34,001, from $32,415 two weeks ago.
COE for cars above 1,600cc hit a seven-month high of $45,501 - from $44,600 previously.
Open COE, which can be used for any vehicle type but ends up mainly for cars, hit $46,001 - also at a seven-month high - from $44,900.
Commercial vehicle COE ended at $31,006, up from $30,511.
The premium for motorcycles was the exception. It closed at $1,452, down from $1,689 previously.
Motor traders said the traditional year-end spurt to meet sales targets had fuelled bidding. A number of new car launches in recent weeks also boosted sales.
Big car COE at 7-mth high
By Christopher Tan

Motor traders said the traditional year-end spurt to meet sales targets had fuelled bidding. -- ST PHOTO: LAU FOOK KONG
FOUR out of five COE premiums ended higher at the latest tender on Wednesday.
COE for cars up to 1,600cc climbed to $34,001, from $32,415 two weeks ago.
COE for cars above 1,600cc hit a seven-month high of $45,501 - from $44,600 previously.
Open COE, which can be used for any vehicle type but ends up mainly for cars, hit $46,001 - also at a seven-month high - from $44,900.
Commercial vehicle COE ended at $31,006, up from $30,511.
The premium for motorcycles was the exception. It closed at $1,452, down from $1,689 previously.
Motor traders said the traditional year-end spurt to meet sales targets had fuelled bidding. A number of new car launches in recent weeks also boosted sales.