Wednesday, January 25, 2012

By Samuel Ee
The Business Times

BMW and Mercedes-Benz parallel imports (PIs) raced ahead of the field in 2011 even as the grey market skidded to its lowest level in a decade.

Last year, parallel importers sold a combined 2,346 units or just 8.3 per cent of the total 28,270 new cars registered in Singapore.

Read more HERE.