WHAT is thought to be impossible in an open bidding system has happened: COE has crashed.
At the close of the latest tender on Wedneday, COE premium for cars up to 1,600cc closed at an unprecedented $2. Motor traders were shocked. All said the market was soft, but no one expected

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God is answering the prayer of motorists buying small cars!!!!

Thank You God...

...also answering to our garmen's prayer for more erp revenues...

wow, time to get a new car for Christmas and CNY, anyone ?

but i think car dealer will only lower the car price at most by a few thousand dollars...nothing to shout about

Or is it due to computer crash again???/

COE Crash.
Crude oil price Crash.
Why pump price never Crash ?
Why electricity price never Crash?
Why HDB price never Crash?

The answer is that the Pay And Pay germen will crash your head with their money making policies.

While this was good news, what astounds me is the quality of writing:

"WHAT is thought to be impossible in an open bidding system has happened: COE has crashed."

- what WAS thought...COE PRICES HAVE crashed

"COE premium for cars up to 1,600cc - the mainstay of car buyers - closed at an unprecedented $2."

-COE premiumS or THE COE premium

"when premium for commercial vehicles hit $1 for six consecutive tenders."

when THE premium or when premiumS

"Sales of new commercial vehicles almost ground to a halt, resulting in the COE crashes."

ground almost, not "almost ground"

viscious - VICIOUS

Not to mention the fact that 'COE' is often used as if it meant 'COE premiums'

How did this terrible piece of writing make it to public view?

Well at least no one is complaining about this 'crash'

Its time to scrap the system; coe creates boom and bust for the car industry