17 Feb '12, 10am

Plunge in car sales dragged down overall retail sales in December when compared to November last year.

Plunge in car sales dragged down overall retail sales in December when compared to November last year.

DESPITE the festive shopping season, a plunge in car sales dragged down overall retail sales in December when compared to November last year. Retail sales in December 2011 dipped 2.4 per cent at current prices from November, according to data released yesterday by the Department of Statistics (DOS). Compared to a year ago, retail sales in December 2011 rose, but at a slower clip of 4.2 per cent, with the pace tempered by the fall in the sales of motor vehicles, noted a report by economists Leif Eskesen and Prithviraj Srinivas at HSBC Bank. Car sales in December sank 14.7 per cent against November - and they were down 9.6 per cent from a year ago - no thanks to the tightening of COE quotas to control the vehicle population, according to Kit Wei Zheng of Citigroup. Minus motor vehicles, retail sales in December inched up just 1.3 per cent from November. But they put up a str...

Full article: http://cars.st701.com/resources/index.php?c=article&aid=4...

Tweets

New car sales down in January: It may not be th...

thegreencarwebsite.co.uk 18 Feb '12, 1am

It may not be the bleak times of the credit crunch, but demand for new cars slumped dramatically during January. In the fi...

Car Batteries Are Not Just For the Car

green.blogs.nytimes.com 19 Feb '12, 8pm

Coda Automotive is supposed to start selling its electric sedan next month. On Friday, its parent company announced that i...

SNA - Singapore January Private-Home Sales Near...

The number of private homes sold in Singapore nearly tripled in January from the previous month, rebounding sharply from D...

#singapore Fashion bazaars & more!: Our weekly ...

shopping.insing.com 17 Feb '12, 7am

Want to know the best deals in town this week? Or the biggest shopping bazaar under one roof? Then look no further than in...

Private home sales hit 14-month high despite co...

todayonline.com 15 Feb '12, 9pm

SINGAPORE - The number of private homes sold soared to a 14-month high last month, indicating housing demand remained buoy...

Retail spending at Changi Airport hit record hi...

channelnewsasia.com 12 Feb '12, 12pm

SINGAPORE: Retail spending at Singapore's Changi Airport soared to a record high last year. Stores at the airport raked in...

@lovingmin the cable car thingy

mountfaber.com.sg 16 Feb '12, 5pm

NIGHT RIDERS PACKAGE Save 44% $35 per couple | Third person: $10 Round trip cable car tickets for 2 adults with popcorn an...

New private home sales in January almost 3 times higher than month before

New private home sales in January almost 3 time...

straitstimes.com 15 Feb '12, 7am

House hunters examining a model of mixed-use development Watertown in Punggol Central. Buyers snapped up 1,872 units of ne...

China handset makers to push sales of sub-CNY1,...

digitimes.com 16 Feb '12, 9am

China handset makers to push sales of sub-CNY1,000 smartphones to mature markets Erica Yen, Taipei; Steve Shen, DIGITIMES ...

Tesla's 4Q loss widens, but sales forecast beats analyst estimates

Tesla's 4Q loss widens, but sales forecast beat...

green.autoblog.com 16 Feb '12, 8pm

"The future is now" may be well-worn cliche, but when it comes to Tesla Motors ' stock price performance, "now" is all abo...

Almost 6 in 10 new car buyers would consider buying an EV:

Almost 6 in 10 new car buyers would consider bu...

thegreencarwebsite.co.uk 17 Feb '12, 11am

Electric cars could see a sizable sales boost in the near future after a survey revealed that more than half of new car bu...

Maryland Sales Tax Holiday for Energy-Efficient...

dsireusa.org 18 Feb '12, 1pm

In November 2007, Maryland enacted legislation creating a sales and use tax "holiday" for certain energy-efficient applian...

Land of the Rising Sun: Japan’s Surging Sales o...

cleantechnica.com 15 Feb '12, 2pm

Japan Solar PV Sales From wind and geothermal power to fuel cells, the Great East Japan Earthquake that occurred March 11 ...

Independence: Electric car warm and fuzzy versus reality: Can you be a plug-in fan and tell the truth? If you fo...

Independence: Electric car warm and fuzzy versu...

hybridcarblog.com 17 Feb '12, 1am

Independence: Electric car warm and fuzzy versus reality Energy independence and the decline and fall of the American empi...

My words on the #Lamborghini Aventador, @RobbReport's Car of the Year And a pic for good measure

My words on the #Lamborghini Aventador, @RobbRe...

robbreport.com 17 Feb '12, 11pm

In past Car of the Year contests, vehicles as radical as Lamborghini’s flying wedge have not garnered mass appeal among ou...