23 Jan '12, 5am

Demand for car sharing up during Lunar New Year: By Patwant Singh | Posted: 23 January 2012 1253 hrs SINGAPORE:

Demand for car sharing up during Lunar New Year: By Patwant Singh | Posted: 23 January 2012 1253 hrs SINGAPORE:

SINGAPORE: Rental car companies are not the only ones enjoying good business during the Lunar New Year. As many cars in the rental market have been fully booked, some Singaporeans are turning to car sharing during the festive season. The roaring demand has translated into one car sharing company enjoying up to a 30 per cent increase in business compared to the same period last year while others in the industry have seen 15 to 20 per cent increase in business. Car Club, Singapore's largest car sharing company, with 150 cars and 54 stations, said demand has revved up this festive season. Car Club's managing director Lai Meng said: "Traditionally, Chinese New Year has always been a peak demand period but we did notice a slightly higher demand request for this Chinese New Year. I think it comes across a lot not just for Chinese members of ours but generally widely spread out a...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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