Singapore car ownership falls as rental cars hit record high

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TheStraitsTimes Singapore 1h

Singapore car ownership falls as rental cars hit record high

SINGAPORE – The number of private cars in Singapore is at its lowest since 2019, at 516,237 units. Rental cars, in contrast, hit a record 97,567 units. This comes as high car prices nudge some who need a car only occasionally towards renting or hailing a ride instead of owning one. While private ca»»»

straitstimes.com
Malay Mail Malesia 15h

High costs push Singapore private car numbers to lowest since 2019, rentals hit record

SINGAPORE, July 30 — Singapore’s private car population has fallen to its lowest level since 2019, while the rental fleet has reached a record as high ownership costs push some motorists towards leasing, car-sharing and ride-hailing. There were 516,237 private cars on the road at the end of June, c»»»

malaymail.com
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