According to registration data compiled by the Highway Bureau, Taiwan’s new car market increased by nearly 23% from 30,822 units sold in the same period of the previous year to 37,901 units in April 2021.
In the first four months of 2021, the overall market increased by more than 18% from 134,868 units in the year-ago quarter to 159,476 units, reflecting a strong recovery in domestic economic growth. GDP increased 8.2% in the first quarter, after increasing 5.1% in the fourth quarter of last year. It was driven by strong domestic consumption and exports.
Sales of imported cars increased 4.5% to 71,289 units in four months, and sales of domestic cars increased 32% to 88,187 units due to new cars such as Toyota Corolla Cross, Ford Focus and Kuga.
Toyota sales increased by more than 19% to 46,362 units in the first four months of this year, followed by Nissan at 11,227 units (+ 16.9%). Mercedes-Benz 10,457 (+ 9.7%); Ford 10,261 (+ 55.8%); Honda 9,486 (+ 20.4%); China Motor 8,563 (+ 23.0%).
April Taiwan sales up 23% | Automotive Industry News
Source link April Taiwan sales up 23% | Automotive Industry News