Site icon Eye On Taiwan

Ghost Month effects cause Taiwan car sales to plunge in August

Focus Taiwan  
Date: 2018/09/08
By:  Central News Agency

With the Ghost Month on the lunar calendar affecting buying interest, Taiwan’s car sales in August fell almost 40 percent from a month earlier, according to statistics compiled by transportation authorities.

The data showed 26,035 vehicles were sold in Taiwan in August, down 39.5 percent from a month earlier and also down 28.8 percent from a year earlier.

In Taiwan, consumers tend not to buy big-ticket items like cars and homes during Ghost Month — the seventh month on the lunar calendar — to avoid bad luck.

This year’s Ghost Month kicked off on Aug. 11 and will run through Sept. 9.
[FULL  STORY]

Exit mobile version