Singapore Car Sales By Brand : 2013

The Mercedes E-Class (pic not taken in Singapore by the way)


The government of Singapore wishes to minimise congestion, which makes sense. It does it through a system of potential car buyers bidding for a certificate of entitlement, which you need to buy a car. The number of COEs is controlled, limiting new cars. How it fails is that it puts the price of basic cars too high, whereas the COE