Thursday, July 12, 2012

“More" COE...Really??


More COE for big cars for the next 6 months is the title of this article by today on 
12 Jul 2012.  Well, is it???

On reading further on the article, below are facts extracted from the above article: 
1239 - 786 = 453 (or 36.6%) reduction in small cars (Cat A) COE supply.
701 - 699 = 2 (or 0.29%) increase in big cars (Cat B) COE supply.
617 - 485 = 132 (or 21.4%) reduction in open category COE supply.

As mentioned in the article too, open category COE are mostly used for large cars.

So my question is why, since there is only 2 or 0.29% increase in COE for large car and likely a (now: 701+485) - (past: 699+617) = -131 >> net decrease in COE for large cars, is the article titled "More COE for big cars"? Even without taking the small car COE demand and supply into consideration, does it give you the impression that COE has presumably increased?   

With the small car category in the picture, it will be (now: 701+485+786) - (past: 699+617+1239) = -583 >> net decrease in COE supplies for car. 

Why do they not just say 'Fewer COE for Cars in the next 6 months'? Isn't that more accurate?  

<<<<Update 13 July 2012: 9.25am>>>>

(Image Source: Today FB page)

Maybe the people at TODAY heard me yesterday, they ran a front page article this morning truly reflecting the COE situation. While print media in Singapore tend to be slightly bias, my kudos to TODAY Papers for its stand to being as objective as possible in its report.

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