Robust year-end sales as car showrooms slash prices going into the new year

Car dealerships are slashing prices and giving out massive promotions to close the year off with a bang. So far, some have seen robust sales and are expecting it to peak in the coming months, with Chinese New Year and the Singapore Motorshow around the corner. The car industry may also be gearing up for a shift, with Japanese manufacturers Nissan and Honda in talks about a potential merger. Eugene Chow with more.