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Wearnes acquires Koenigsegg, Pininfarina, Rimac regional exclusive distributorships

Derryn Wong
11/09/2019


Singapore-based dealership now offers multiple, 1500hp+ hypercars for the region, bonded storage for Singaporean customers

SINGAPORE –

Do you have a sudden, intense urge to acquire a hypercar with at least 1,600hp and a multi-million dollar price tag? Wearnes has your back. 

Car dealership multinational corporation (MNC) Wearnes Automotive announced today its official, exclusive distributorship of three luxury high-performance sportscar brands for the region: Koenigsegg, Pininfarina, and Rimac. The Koenigsegg Jesko

Wearnes will distribute these brands ‘across Asia’, which includes markets beyond Southeast Asia, such as China and Hong Kong.
As noted in our previous report, the Koenigsegg dealership for Singapore will still be current agent Motorway.

The three additions bulk out the brands that Wearnes holds to a total of 14, the others being Alpine, Aston Martin, Bentley, Bugatti, Ducati, Infiniti, Land Rover/Range Rover, Lotus, Jaguar, Renault, and Volvo. 

 

Wearnes announced its dealership of the Lotus brand earlier this year

As the brand list shows, Wearnes has a clear focus on luxury and high-performance cars, and it’s been growing its portfolio considerably. French sports car maker Alpine was added last year. Earlier this year in July, CarBuyer broke the news that Wearnes acquired the distributorship for Lotus in Singapore, and Koenigsegg for the region.


Wearnes unveiled the Bugatti Chiron in Singapore last year

“There is an increase in demand and a growing appetite among Asian customers for hypercars. Our customers form an exclusive group of automobile collectors in search of the very best,” said Mr Andre Roy, Chief Executive Officer of Wearnes Automotive in an official statement. “These three new brands will add to the portfolio in our Prestige Division. Coupled with our expertise and experience in the ultra- luxury segment, we are confident of further strengthening our position in this segment.” 


Swedish carmaker Koenigsegg needs no introduction to enthusiasts, having built its ultra-high-performance speed machines since 1994, though it’s known for its novel engineering solutions. 


The latest car it makes is the Jesko, a S$4.14-million (USD3.0-million) dollar monster with a 1,600hp engine and theoretical 480+km/h top speed. 125 units will be produced and all are sold out.

Pininfarina is well-known in the automotive world, but more for its designs (it’s been responsible for the design of the majority of Ferrari models from 1973 to 2018) and coachbuilding rather making than entire machines. 

The brand will make an electric ‘hyper GT (‘grand touring’) car named the Battista (after company founder Battista ‘Pinin’ Farina) to be launched next year. It’s been labelled as the most powerful road legal car to come from Italy, with 1,900hp and 2,300Nm of torque, with 0-100km/h in less than two seconds, and a top speed of 350km/h. 

Rimac is a Croatian electric carmaker / technology company known for its concept cars, small production electric hypercars, though most exciting is its electric car technology – the latter attracting funding from Porsche, Hyundai, and Kia.  

The firm’s newest car is the C_Two, on track for a 2020 launch, developed and manufactured entirely in-house, and it also provides an engineering basis for the abovementioned Battista. The specs are similar – 1,900hp and 2,300Nm from electric motors, 0-100km/h in two seconds and a top speed well in excess of 300km/h.  

All said, if you want a car with at least 1,000hp you know where to go (limited availability aside) since Wearnes has at least five on offer: The Bugatti Chiron, Aston Martin Valkyrie, Rimac C_Two, Pininfarina Battista, and Koenigsegg Jesko. 


Given that limited-run hypercars often aren’t produced in right-hand drive versions (all modern Bugattis for example, plus the above-mentioned C_Two and Battista), and therefore can’t be legally registered for on-road usage in Singapore, what’s a buyer with a few million burning a hole in his or her pocket to do? 

Wearnes has the solution with its upcoming building: A ‘state-of-the-art, climate-controlled bonded car storage facility located on its 28 Leng Kee Road premises.

But why bother buying a car, no matter how nice, if you can’t even drive it? You’re not thinking like a ultra-high net-worth individual. Car collections, like wine and art, can actually be viable forms of investment.

It’s not like there are a shortage of people to buy them in Singapore either – the rumour mill has it that at least a few buyers have laid down the money for the Aston Martin Valkyrie and Mercedes-AMG One

A limited edition hypercar like those could easily appreciate in value over the years, and if it’s not registered for the road here you save on the Additional Registration Fee, Certificate of Entitlement, Road Tax, and Insurance – all of which could add up to hundreds of thousands of dollars or, given the segment, millions. 


Tags:

hypercar koenigsegg pininfarina rimac supercar Wearnes

About the Author

Derryn Wong

CarBuyer's chief editor brings 15 years of experience in automotive journalism. Previously, he was the editor for Top Gear Singapore, and a presenter for CNA's Cruise Control motoring segment. He's contributed to The Business Times, Today, and many other publications, and also covered technology as editor of Stuff magazine. An avid motorcyclist and photographer, he is the Chief Slave of two cats. Follow him on Instagram @werryndong

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