Singapore, 17 February 2011 – The Singapore Vehicle Traders Association (SVTA) has launched CARS.SVTA, a new all-in-one marketplace that serves the requirements of motor dealers and car buyers with a listings and inventory module.
The web portal is jointly developed by SVTA and Singapore Press Holdings (SPH), a fitting collaboration as SVTA members’ bulk of classified ads has been featured prominently in SPH. The portal, which went live late last year, currently lists over 5000 used cars together with their specifications and prices.
Due to a buoyant online motoring community and the growing reach of online technology, this is an opportune time for SVTA to launch an online system that houses the advertisements of its motor dealer members.
The association also cites the recent spates of case misrepresentations in the form of errant vehicle dealers and erroneous information posted in other motor classifieds as one of the main reasons to initiate for the development of the new portal.
To revitalise the deteriorating image of motor dealers in Singapore, CARS.SVTA ensures the quality of listings on the site by screening the information before they are uploaded.
Eddie Loo, the publicity in-charge of the launch said: “The effort is in line with our drive to spearhead transparency in the industry as well as protect consumers from unreliable dealers.”
All ads listed at CARS.SVTA will be reflected at ST701.com, SPH's online version of Cats Classified. At CARS.SVTA, members who are car dealers can post ads for free while car buyers can search for new or used vehicles (passenger or commercial). Useful tools such as COE prices, ERP rates and car loan calculator allow buyers to enjoy the ease of an all inclusive online platform.
Please visit http://cars.svta.com.sg for more information.
To add buzz to the launch, SVTA is holding a private celebration at the St. James DragonFly on 22 February. Members of the trade and media, as well as corporate and governmental organisations will be invited to the event. Guests will be treated to a fun-filled night of food, drinks and live music performances. Attractive prizes will also be given away to winning participants of the I-AM-LUCKY Great Giveaway 2010.
Date: 22 Feb 2011 (Tue)
Time: 6pm to 9 pm
Venue: St James, DragonFly
To RSVP, please contact Gary at firstname.lastname@example.org or 6319 1225 by 21 Feb, Mon, 5pm.
Issued by Singapore Press Holdings Ltd
Co. Regn. No. 198402868E
For more information, please contact:
Senior Vertical Manager, ST701
DID: 6319 6096
Assistant Communications Manager, ST701
DID: 6319 8927
Mobile: 9820 4551
Singapore Press Holdings Limited
DID: 6319 1225
Mobile: 9684 0498
First launched on March 24, 2006 as a job portal, ST701 carries the initials of The Straits Times, Singapore Press Holdings’ flagship newspaper and Singapore´s national English broadsheet. The numbers “701” convey what the user will experience: 7 days a week search at the 01 place that matters.
In 2007, ST701 expanded its scope to include motoring, property and general classifieds. Now, ST701 comprises four verticals, namely: ST701 Jobs; ST701 Cars; ST701 Property; and ST701 Shops. Collectively, the four verticals make up Singapore’s leading online marketplace for classified advertisements.
About CATS Classified
CATS Classified is part of the Marketing Division of Singapore Press Holdings Limited. It offers the most comprehensive marketplace for products, services and employment through CATS Classified in The Straits Times, Lianhe Zaobao, Lianhe Wanbao, Shin Min Daily News, CATS Klassified in Berita Harian & CATS Fastads in The New Paper.
About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers, Magazines and Book Publishing
In Singapore, SPH publishes 17 newspaper titles in four languages. Every day, 3 million individuals or 77 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology. SPH's subsidiaries, Straits Times Press and Focus Publishing, produce quality books and periodicals in English and Chinese.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 263 million page views with 18 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; Stomp, omy.sg, and The Straits Times RazorTV.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Chinese and 91.3FM in English.
Events and Outdoor Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s leading Digital Out-of-Home advertising company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. Its latest retail development, The Clementi Mall, started business operations in 2011. SPH's wholly-owned subsidiary, Times Development Pte Ltd, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.