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  1. It has been 45 years since Volkswagen commenced production of the Golf and more than 35 million units have been sold worldwide since. The Golf, which is also its best-selling model ever, is in its seventh generation now. The Golf Mk1 started production on 29th of March 1974 at Volkswagen's plant in Wolfsburg and was designed as the replacement of the iconic Beetle. It was an instant hit with buyers and just two years later, in October 1976, the German company sold its one millionth example. Fast forward to today's seventh generation, Volkswagen reckons that on average, someone is buying a new Golf every 41 seconds, every day, without interruption, for 45 years now. This year is likely to see the debut of the new eighth generation of the Golf. Information found on the web suggests that the car will debut around September at the Frankfurt Motor Show.
  2. Singapore flyer sold to Straco Leisure for 140million.. wonder how much did we spend to build this?
  3. Super sian should have tried to high ball but they keep low balling In the end also accept low ball price since trade in And sure enough after being listed the car was sold in less than 3 days after listing. Who wouldn't want it Maybe should have been more hardworking and sell direct
  4. ERC and sakei Sushi suing each other being going on for ages. Now that Big Hotel, which was own by ERC is now sold, is the chapter now closed.?
  5. The glut in used cars is over and a shortage looms. Second-hand car dealers have managed to sell most of the cars in their inventory after a two-month reprieve from the authorities. At the same time, they are not buying used cars as drivers hold on to their wheels in the wake of drastic loan curbs. A Land Transport Authority spokesman said about 4,600 of the 7,000 used cars that dealers had acquired before the car loan restrictions kicked in had been sold as of Monday. Source: http://www.straitstimes.com/breaking-news/...y-expected-2013
  6. http://www.channelnewsasia.com/stories/sin.../393730/1/.html Temasek sells PowerSeraya to YTL Power for S$3.8b By Rachel Kelly, Channel NewsAsia | Posted: 02 December 2008 2117 hrs Photos 1 of 1 SINGAPORE: Temasek Holdings has sold the Singapore generation company PowerSeraya to Malaysia's YTL Power for S$3.8 billion. PowerSeraya is the third and last genco that Temasek had put up for sale. It had earlier sold Senoko Power and Tuas Power. The timing of the transaction was a surprise. Just a week ago, Temasek had said that it was suspending the tender process for PowerSeraya due to poor market conditions. In a statement, Temasek said it had found YTL Power's proposal to be attractive. Temasek said with the sale of PowerSeraya, it would have fulfilled its commitment to help develop a competitive power generation market in Singapore. YTL will pay S$3.6 billion for the purchase and take on a debt of $201 million. The transaction is expected to be completed in early 2009. PowerSeraya is the second largest power generation company in Singapore by installed capacity. It can produce 3,100 megawatts of electricity or about a quarter of Singapore's total licensed generation capacity. PowerSeraya also operates oil trading and multi-utility businesses. YTL Power Managing Director Francis Yeoh said the acquisition of PowerSeraya will help grow YTL's utility business in the region. The deal is subject to approval from YTL shareholders. DBS Bank is providing some S$2.25 billion in credit facilities to YTL. - CNA/vm
  7. hi all, need some advice here went to car dealer, bought a 2nd hand golf, exchanged hands (signed documents, payment all settled) today morning approx 1130am. our civic sold to them as a trade in. at about 1230pm, dealer called and say the civic caught fire while he was driving on the road OMG he took photos to show us, luckily no one injured. on our side, we definitely didnt sell them the car cause we know got problem and going to catch fire.. but i think they feel like we cheated them . (they are a reputable company, and we have good relations before this incident). we still want to keep the good relations but not sure how we can settle this so now the question is.... who will bear the costs of this "lemon" car? will insurance do payout for such case? will it be on our side or their company side?? thanks in advance all
  8. http://jalopnik.com/rowan-atkinson-just-sold-his-twice-crashed-mclaren-f1-f-1710189175 A select few rich, famous and amazing people have been privileged enough to call themselves McLaren F1 owners, but arguably the most famous among their number was British comedian Rowan “Mr. Bean” Atkinson. That’s because he crashed his, twice. Apparently that didn’t hurt the F1’s resale value much. CNBC reports that Atkinson has sold the dark burgundy car for a cool £8 million, about $12.2 million. He originally purchased the car in 1997 for as much as £640,000. While Atkinson is now sadly F1-less, he did make a huge profit on the sale. The good news is that although he can no longer cruise around in one of the greatest sports cars of all time — and still the fastest naturally-aspirated car ever made — he can’t crash his again, either. Advertisement In 1999, he damaged the hood by driving it into the back of a Rover Metro, as one does in England. Then in 2011 Atkinson crashed the car into a tree and a road sign, resulting in an infamous and insurance company-infuriating $1.4 million repair bill. Atkinson solid his car through English specialist car dealer Taylor & Crawley, but its new owner has not been disclosed. Don’t fret for him too much, though — he still owns an NSX, a Jaguar MK7, an Aston Martin DB2, a vintage Ford Falcon, a 1939 BMW 328 and a Rolls-Royce Phantom Coupe. Your 18-year-old, twice-crashed car will probably not sell for $12.2 million. Just so you know.
  9. Beware eating at Mac or KFC in Shanghai, China .... CNA: China shuts factory for supplying expired meat to McDonald's, KFC SHANGHAI: Shanghai has shut a factory of US food provider OSI Group for selling out-of-date meat to restaurant giants including McDonald's and KFC, authorities said Monday in China's latest food safety scandal. Shanghai television, which reported the original allegations, said that workers at the OSI China plant mixed expired meat with the fresh product and deliberately misled quality inspectors from McDonald's. Other customers included Burger King, Papa John's Pizza, coffee chain Starbucks and sandwich maker Subway, the Shanghai Daily newspaper reported on Monday. City officials closed the factory on Sunday and seized products which allegedly used expired meat, the Shanghai food and drug administration said in a statement. Police were investigating, it said, threatening "severe punishment" in future. McDonald's said in a statement it had "immediately" stopped using the factory's products while Yum separately said its KFC and Pizza Hut restaurants had also halted use of its meat. China has been rocked by a series of food and product safety problems, due to lax enforcement of regulations and corner-cutting by producers. One of the worst occurred in 2008 when the industrial chemical melamine was found to have been illegally added to dairy products, killing at least six babies and making 300,000 people ill. Retail giant Walmart of the United States said early this year that it would tighten inspections of its suppliers in China after it was forced to recall donkey meat products that had been found to contain fox meat. Last year, China detained hundreds of people for food safety crimes, including selling rat and fox meat disguised as beef and mutton, following a three-month crackdown, police said. - AFP/fa link: http://www.channelnewsasia.com/news/asiapacific/china-shuts-factory-for/1274626.html & the owner of the company that supply those meats....
  10. SINGAPORE: DirectAsia, a fast-growing Singapore firm that specialises in selling motor insurance policies online, has been acquired by London-listed insurance group Hiscox for US$55 million. DirectAsia was founded in Singapore in 2010. It launched in Hong Kong in 2012 and Thailand in 2013. Its primary business is motor insurance, with ancillary lines in travel, personal accident, healthcare and life insurance. DirectAsia employs 140 people and had gross written premiums of US$25.3 million last year, Hiscox said in a press statement. "DirectAsia complements our direct-to-consumer businesses in Europe and the US, and in time, we will use it to distribute Hiscox products," Hiscox said. The UK-listed insurance group said it has gotten the Monetary Authority of Singapore's approval for its purchase of DirectAsia. The acquisition is, however, still subject to approval from regulators in Hong Kong, Bermuda, the UK and Thailand. - CNA/nd .......................................................................................................................... SO what will happen to policyholders and their claims???
  11. http://www.mycarforum.com/blog/12/entry-3329-man-sells-his-left-testicle-to-buy-a-nissan-370z/ Mark Parisi is a man. Like many men, Mark Parisi has two testicles. Like fewer men, Mark Parisi has decided he does not need two testicles, and would prefer instead to have one testicle and one Nissan 370Z. Which is why (according to the clip) Mark Parisi is to donate one of his testicles to medical research in exchange for 35,000 US dollars. Which is around S$44,000. Mark Parisi’s revelation raises a number of ethical and moral dilemmas. What is the value of a testicle? A Nissan 370Z? Will both get you a GT-R?? According to sources, US$35K is the going rate for one slightly used testicle, so if you get nothing else from this story, gentlemen, when times are bad, at least you know that you have about S$88k swinging between your legs(Which, where we are, is actually not even enough for a Nissan March at the moment).
  12. click here, you will be surprised, 1. German Car selling still strong 2. Honda continue dropping :angry: 3. MITSUBISHI even less than MASERATI 4. Korean car continue dropping 5. PROTON only sold 1 in half year
  13. http://www.channelnewsasia.com/news/singap...oan/661792.html "We have about 37 units of those ex-stocks. We have cleared (most of them), left with two units only. So it has turned out to be not only good, it's fantastic. When borrowing restrictions revert next month, the Singapore Vehicle Traders Association expects times to be tougher. It said used car dealers are likely to be more careful about stockpiling second-hand vehicles."
  14. About 69 per cent of used cars eligible for full loans have been sold as of 27 May since authorities lifted borrowing limits for buying those cars for 60 days. This concession will last till Tuesday. Motor firms are bracing for uncertainty thereafter. Dealers whom Channel NewsAsia spoke with expect the market to be even quieter, with car loan curbs in full force. To help used car dealers clear old stock acquired before new borrowing restrictions were introduced, a two-month concession was given. This meant that buyers could continue taking up to 100 per cent loan for vehicle purchases. The concession applied to some 7,000 used cars. Over 4,800 have been sold so far. Classic Credit had around 180 vehicles from old stock. About 170 have been sold, but customers remain cautious. Andy Ong, sales consultant at Classic Credit, said: "It all depends, you see, on the customer preference - what they want. Because mostly for used cars, they are going for those budget cars. Talking about high-end, they should rather go for the new cars right? Because those people are those well-to-do families." Prospective car buyer Clarence Pang said: "Actually, I'm just checking out the cars, just looking at the value
  15. Parliament report Mr Lui Tuck Yew: From August 2012 to January 2013, about 5,000 used cars were sold monthly, based on the data of cars that were transferred from motor vehicle dealers to buyers via the Land Transport Authority
  16. http://www.bloomberg.com/news/2013-02-15/a...ng-reviews.html Maisto International Inc.
  17. I am writing to question why sgcarmart removed the mileage when a car is sold. This results in errant car dealers a loophole to tamper with the car mileage and indirectly misleaded the consumers. Can I know why they want to do that?
  18. Helping a bro from SHC forum (S'pore Honda Club) to post as he has insufficient posts to start his own thread here.. Actual link here: SHC Forum
  19. Yahoo report : Apple sells over 5 million iPhone 5, supply constraints loom (Reuters) - Apple Inc sold over 5 million iPhone 5 smartphones in the three days since it hit stores, but shares sagged as the company struggled to meet demand. While sales were solid, the company said on Monday it had run out of its initial supply and many pre-orders were scheduled to go out in October. Apple Chief Executive Tim Cook said the company is "working hard to build enough iPhone 5s for everyone." Expectations for new Apple products were so high - some analysts forecast Apple selling as many as 10 million phone over the weekend - that Wall Street was not wowed by the latest numbers. The stock was down 1.7 percent at $688.64 in afternoon trade. Given the demand, Apple, the world's most valuable company, is being closely watched for any supplier problems that may slow down the smartphone production. Link : http://sg.news.yahoo.com/apple-sold-more-5...8--finance.html Best selling records for these brand handphone. Sold 5 million phones in 3 days ... They are expecting it to rise to 10 million iPhone sold by this weekends...
  20. BNIP Bosch Aerotwin available for all cars. All wipers come with a bottle of Sonax Windscreen Cleaner. Please contact us today @ [email protected] / 9635 9333. We deal at North Eastern of Singapore. Yours Sincerely, Calvin Visit us today
  21. Just wondering... has anyone ever sold off or trade in their car and then down the road tries to buy back? Or at least buy back the car plate number? Thinking of looking for the car that I sold off earlier... not so much for the car, but for the car plate number due to sentimental reasons. Just thinking how to locate the current driver.
  22. BEIJING, May 27 (Reuters) - China broadened its overseas investment strategy into the services industry on Sunday, with the country's top state-owned design and management purchasing a Singapore design firm. China's "going out" policy has led to a number of overseas acquisitions in the past decade, primarily in the natural resources and equipment sectors, as the nation draws on its stockpile of foreign reserves to obtain much-needed raw materials. Having invested heavily in "hardware," Beijing is now encouraging the upgrade of the nation's "software" or technical skills. On Sunday, China Architecture Design and Research Group, the country's largest diversified state-owned engineering design and services company, announced it had bought CPG Corp from Australian heavy engineering firm Downer Group for A$147 million. The deal was brokered by Swiss investment bank UBS. "This is the first time for China's high-tech services industry to go out and successfully complete an overseas acquisition," Xiu Long, the head of the Chinese group, told reporters. "This is not an opportunistic purchase but part of the national policy to encourage going out and improving international competitiveness." CPG Corp., formally Singapore's Public Works Group, specializes in designing public buildings and infrastructure, especially roads and bridges, including Qatar's new airport in Doha. The deal includes its subsidiaries in the Asia-Pacific region, and its 5 percent stake in an industrial park in Suzhou. (Reporting by Lucy Hornby; Editing by Jeremy Laurence) http://sg.finance.yahoo.com/news/china-ent...-102824674.html Some questions i hope people can help me with , i wonder why more and more SG assets are being sold to china and other countries ? Why are we selling all these assets , First , SPG , our POW stations , now CPG what is our ruling party thinking , trying to offload those companies? Are they trying to make a run off leaving an empty shell should they lose their elections?
  23. I traded in my car recently and here is the actual mileage clocked by the car under my ownership. If you come across this car in the used car market, expect no less than the mileage shown in the photo. Please share yours to build the database, I reckon it will help those who are in the market for used cars. Vehicle Details Vehicle No.: SKE6236R Vehicle Type: P10 - Passenger Motor Car Vehicle Attachment 1: No Attachment Vehicle Scheme: Normal Vehicle Make: HYUNDAI Vehicle Model: GETZ 5DR A Chassis No.: KMHBU51HR5U263193 Engine No.: G4EA4577149 Engine Capacity: 1341 cc Maximum Laden Weight: - Unladen Weight: - Year Of Manufacture: 2004 Original Registration Date: 02 Nov 2004 Lifespan Expiry Date: - COE Category: E - Open Category Quota Premium: $27,500.00 COE Expiry Date: 01 Nov 2014
  24. I paid a deposit for a KIA Forte hatchback in Dec.... won the COE bid in Jan and was told I could collect the car in Feb when it arrived. And since I'm not in the country when the stock arrived in Feb, told SE to keep till early March when i returned... he told me to send him an email and would arrange for it... However, when I msg him yesterday morning when i came back, he replied he would check, call and update me. No calls from him. i msg him again today and he only told me the stock was given to another customer and I had to wait for the next batch... N this is all becoz KIA wants the car registration to be done in Feb..... can i bang table?
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