Philip Chua Business Blog

Posts Tagged ‘vehicle’

DRIVERS who make false statements on a vehicle accident to insurance companies, take note.

The Motor Insurance Taskforce, set up last September to address the issue of rising motor-insurance premiums, said yesterday that it is proposing to criminalise false accident reporting to insurers.

This proposal is one of nine recommendations that the taskforce hopes will help lower the increasing premi… more

After having increased by a total of 3% in October and November, retail sales dropped by 0.3% mom in December, as car sales fell slightly despite industry reports of another rise. However, in January, the announced drop in domestic vehicle sales could actually translate into higher car sales in the…

Retail sales could have risen significantly again in November, by about 0.8% mom. Vehicle sales increased unexpectedly by a good 5% mom, and the beginning of the holiday season was reported to have been slightly better than in the previous year. In addition, markedly higher gasoline prices are likely to…

Deere and Co. lost $223 million in the fourth quarter, reflecting big charges and a 28 percent slump in sales as demand for tractors, combines and construction equipment sagged.

Deere & Company – Tractor – Business – Engineering vehicle – Agriculture and Forestry

There are signs of recovery in the nation’s heartland, including Elkhart, Ind., but the rebound is faint, uneven and faces many threats.

Recreational vehicle – Elkhart Indiana – United States – Indiana – Thor Industries

CERTIFICATES of entitlement (COEs) ended mixed in the latest tender yesterday, but one category breached the $20,000 level.

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MIXED BAG

The Open COE, which can be used for any vehicle type but which ends up mainly for cars, inched up by 1.9 per cent to hit $20,200. … more