According to published report by The Straits Times, Hong Seh Motors, owned by businessman Alfred Tan and son Edward, has been representing Ferrari in Singapore for the past 25 years, have lost its dealership battle and will give up the dealership by the middle of this month.
Matteo Bonciani, a spokesperson from Ferrari Asia-Pacific mentioned that the dealership battle was between Komoco and Premium Automobiles who would then launch the Ferrari California for the Singaporean market. Komoco is run by Ong Beng Seng, the man behind the Singaporean Formula 1 Grand Prix and who currently sells Hyundai and Chrysler cars. Premium is owned by Indonesian businessman Hadi Tanaga, who also holds Audi’s dealership in Singapore.
Komoco was later told last Monday afternoon that it has clinched the Ferrari franchise, ending months of speculation about who will represent the Prancing Horse in Singapore.
Hong Seh has thus far received over 120 bookings for the Ferrari California although the official pricing of the California hasn’t been released yet and has revealed that it is returning the S$50,000 deposit for the convertible to each owner.
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Source: icars.sg and straitstimes.com
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Hi admin thank for sharing the information and sharing the back link.
Hello car dealership online,
Thank you for commenting on my blog and you’re welcome for the backlink.
Have a great day and I wish you well.
Cheers,
Rick