Car business is not a sunset industry, says Komoco chairman Teo Hock Seng

SINGAPORE - Despite Singapore's continuing measures to curb its vehicle population, Mr Teo Hock Seng, executive chairman of diversified motor group Komoco Holdings, does not believe the car business is a sunset industry.

Says the 74-year-old:"Sunset or sunrise, the stayers will fight and will remain. I don't think the Government can say 'no more cars on the road'. They can try, but they will get a lot of brickbats.Enjoy unlimited access to ST's best work Subscribe Now

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