New car sales fall by almost half

YEARLY FIGURES UP:Hotai Motor remained the top seller in Taiwan, while China Motor and Yulon Nissan switched places from last month among local firms

Taipei Times
Date: Mar 06, 2017
By: Staff writer, with CNA

New car sales in Taiwan fell 46.7 percent last month from the previous month to 24,215 units after the Lunar New Year shopping season, market statistics showed.

However, the figure was 12.3 percent higher than a year earlier, the data showed.

Hotai Motor Co (和泰汽車), the local sales agent for Japan’s Toyota Motor Corp, remained the top vehicle vendor in Taiwan, selling 6,048 units last month, down 51.06 percent month-on-month and 7.9 percent year-on-year, the statistics showed.

China Motor Corp (中華汽車), which markets cars under the Mitsubishi brand, rose one spot to second with sales of 3,003 units, a monthly drop of 36.2 percent, but an annual rise of 29 percent, the statistics showed.    [FULL  STORY]

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