Taipei Times
Date: Apr 03, 2018
By: Staff writer, with CNA

Taiwan’s automobile market staged a rebound last month when sales volume jumped more than 40 percent month-on-month as holiday disruptions faded away, according to statistics released yesterday.

The data show that sales last month rose to about 39,000 units, an increase of 45 percent from February when the Lunar New Year holiday dampened activity. The figure was also 2.8 percent higher than a year earlier.

In February, automobile sales fell to 26,965 units, almost 50 percent lower than January’s 47,936 units, but with business returning to normal after the Lunar New Year holiday, the market witnessed significant sales growth, analysts said.

The strong demand for sport utility vehicles (SUVs) served as a driver for the sales rebound, they added.    [FULL  STORY]