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More than $20 million transacted at Car-nival 2011

Singapore, 11 July 2011 - More than $20 million was transacted at the CATS Classified's annual mega car mart event, Car-nival, at the Singapore Expo yesterday (Sunday, 10 July 2011).  Despite the recent rise in COE premiums, nearly 130 new cars were sold. 
 
Many car buyers cited variety, discounts and attractive promotional packages as the main reasons for making their purchases. 
 
Miss Faridah Jamal, a financial planner at Great Eastern, said: “Though premiums are so expensive, my current car is already five years old, and due to be changed. Getting a new car at Car-nival is making the best out of a bad situation, and probably the best option at the moment.” 
 
Miss Jamal bought a new Subaru Forester 2.0X for $122,800 from Motor Image Enterprises, which was $2,000 lower than the showroom rate.
 
In addition to enjoying a $3,000 discount on his new Toyota Wish, Mr Png Mai Pheow, 52, another satisfied customer, also received $1,000 worth of Takashimaya shopping vouchers and a one-year golf club membership sponsored by Borneo Motors. 
 
For Mr Lionel Liong, a sales manager, part of the attraction of Car-nival was the better trade-in prices which dealers offered at the event. He traded in his Mitsubishi Lancer for $52,000, and had to fork out only about $70,000 for a brand new Kia Sportage. 
 
Among the top-selling models at the event was the Volkswagen Jetta Sport, which was introduced to Singapore about two weeks ago.
 
Mr Eric Tan, a senior sales representative at Volkswagen, attributed the popularity of the Jetta Sport to design improvement, fuel economy and affordable pricing. 
 
Mr Tan said: “The Jetta Sport is a good and very practical family sedan below 1.6 litres. We have sold almost ten units of this model.”
 
Pre-owned cars performed better than last year. The 70 pre-owned cars sold at Car-nival 2011 represented a sizeable 50 per cent increase over the number of units sold during last year’s event.
 
Mr Eddie Loo, the managing director of CarTimes Automotive which sold nearly 30 pre-owned cars, was unequivocal that this year’s sales volume had exceeded that of last year’s. He felt that Car-nival was “a very effective venue which attracted the right crowd”. He had already committed to the CATS Classified car shows this November and next year.
 
While car buyers went about their business, a sizzling race queen pageant sponsored by Subaru, kept visitors and photographers busy. From a bevy of eight finalists, part time model Lor Weng Lin, 23, impressed the judges with her poise and confidence.  She bagged the Car-nival 2011 Race Queen title and a cash prize of $2,000. Maybank was the official bank of the CATS Classified Car-nival 2011.
 
 

 
Issued by Singapore Press Holdings Ltd
Co. Registration. No. 198402868E 
 
For more info, please contact:
 
Wong Wei Chen (Mr)
Communications Manager
A & P, CATS Classified
Tel: 6319 5909, Hp: 9220 3780
 
Diana Lee (Ms)
Assistant Vice President 
A & P, CATS Classified
Tel: 6319 5978
 
Gary Yeo (Mr)
Asst Manager
Corporate Communications
Tel: 6319 1225
 
 
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 18 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.
 
Broadcasting
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.
 
Properties
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.