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Based on my observation, when markert underperformed or during a market slowdown, Korean cars typically sell well. Remember the period where you see influx of Matrix and Sonata on the road? This accounts for their existence in the Top places in car sales chart. On the other hand When market is generally doing well, you see less of them and their sales actually tumbled. At high time, PIs flushished with the sales of more Japanese imports and someone came out to condem the existence of PIs in Singapore. The black horse, the Made in China, also once claimed to sell 100 QQ on a single day. This is a period where we see more ERPs, road tax reduction, rebate for CNG car, increasing quota and increase in car demand. With recession and less jobs going around the market, are we seeing a repeat of Korean cars coming to top the chart? On the other hand, MIC, which is partially affected by the notorious poison milk case, might have shaken consumer confidence. Hence, unlikly to fight the Korean. Potential MIC buyers are cost concious lot hence may probably give up the idea and stick to BMW for now. For the premium sector, typically represented by high-end conti brands, we are seeing a trend of ADs offering overtrade package to attract the buyers. With COE at it all times low, are we seeing more rich people changing to even newer conti? In all due regards, this has never been a better time for 1st time car buyers and those who are not currently holding onto an existing car. Again with Banks becoming more concious in car loan, this may keep the purchases at bay. What do you think? Thank you. Regards,