Taiwan new vehicles market fell 27% in September.

Taiwan new vehicles market Honda-S660_2015

Taiwan new vehicles market fell 27% in September losing all the advantage gained over last year. However the last quarter is foreseen up and a year end all-time record volume is still achievable.

Economic Outlook

Taiwan’s economic growth sunk to a six-year low in the second quarter, weighed down by muted foreign demand, and more recent data suggest it remained stuck in the doldrums in Q3.

Industrial production contracted sharply in August and exports tallied a notable fall in September. Against the backdrop of a slumping economy, the island is gearing up for presidential elections in January 2016.

The incoming president will face the difficult task of turning the economy around amid a slowdown in China, Taiwan’s largest export market. Early polls point to a change in government, with the opposition Democratic Progressive Party (DPP) leading over the ruling Kuomintang party (KMT). The DPP has historically been more pro-independence than the KMT which could pave the way for a rise in political tensions with China going forward.

Market Outlook

Following the great performances scored in the last two years the 2015 started fast again and the Taiwanese car market rose in the 2015 started with a lower speed although ending the first half up by 2.7%.

According to data released by the T.T.A.M, the Taiwan Transportation Vehicle Manufacturing Association, in the third quarter sales had been down, mainly due the the Chinese calendar September effect with several working days lost compared with the previous year.

Indeed while July sales had been up 3.7% at 46.803, in August theyr were down 1.1% at 22.918, before to fall sharply in September, down 27.4% at 25.226.

During the first nine months of the years slaes ha been 311.184, down 0.8% from the 2014, actually the record year. The last quarter is expected up and could move the final volume ahead of last year.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Sep Rank 2015 Brand Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Toyota 4.685 86.833 -54,4% -5,6% 18,6% 27,9%
2 3 Mitsubishi 2.478 31.932 -30,7% -5,2% 9,8% 10,3%
3 2 Nissan 2.280 32.702 -37,9% -10,5% 9,0% 10,5%
4 4 Honda 1.849 19.812 15,7% 19,0% 7,3% 6,4%
5 6 Mercedes 1.826 15.966 2,4% 13,5% 7,2% 5,1%
6 8 BMW 1.517 14.506 2,8% 21,3% 6,0% 4,7%
7 5 Ford 1.426 16.529 -25,8% -8,0% 5,7% 5,3%
8 7 Mazda 1.177 15.142 11,1% 38,1% 4,7% 4,9%
9 9 Luxgen 1.086 11.803 8,4% -12,1% 4,3% 3,8%
10 10 Lexus 708 9.728 -40,8% -0,1% 2,8% 3,1%
Rank Sep Rank 2015 Group Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Toyota 5.768 98.967 -51,2% -4,0% 22,9% 31,8%
2 3 Mitsubishi 2.478 31.932 -30,7% -5,2% 9,8% 10,3%
3 4 Volkswagen 2.303 21.107 -18,9% -1,2% 9,1% 6,8%
4 2 Renault-Nissan 2.280 32.702 -37,9% -10,5% 9,0% 10,5%
5 5 Honda 1.849 19.812 15,7% 19,0% 7,3% 6,4%
6 7 Mercedes Daimler 1.826 15.966 2,4% 13,5% 7,2% 5,1%
7 8 BMW 1.637 15.526 5,2% 22,8% 6,5% 5,0%
8 6 Ford 1.426 16.529 -25,8% -8,0% 5,7% 5,3%
9 9 Mazda 1.177 15.142 11,1% 38,1% 4,7% 4,9%
10 10 Yulon Motor 1.086 11.803 8,4% -12,1% 4,3% 3,8%
Rank Sep Rank 2015 Model Sales Sep YTD Sep Var Sep Var YTD Share Sep Share 2015
1 1 Toyota Corolla 1.463 29.731 -57,5% -11,1% 7,31% 10,9%
2 2 Toyota RAV4 748 13.123 -34,4% 12,6% 3,74% 4,8%
3 15 Mitsubishi Delica 696 6.271 -10,1% -5,5% 3,48% 2,3%
4 13 Ford Focus 671 6.699 -20,7% -26,9% 3,35% 2,5%
5 7 Mitsubishi Veryca 648 7.660 -39,0% -8,9% 3,24% 2,8%
6 4 Toyota Wish 642 10.346 -46,4% -12,1% 3,21% 3,8%
7 6 Honda CR-V 622 8.944 -32,1% -2,1% 3,11% 3,3%
8 17 Nissan X-Trail 621 5.150 3,10% 1,9%
9 8 Luxgen U6 Turbo 594 7.403 -5,6% -12,4% 2,97% 2,7%
10 5 Nissan Tiida 541 9.454 -54,7% -22,9% 2,70% 3,5%
11 3 Toyota Yaris 483 11.057 -72,0% 45,8% 2,41% 4,0%
12 16 Honda Fit 453 5.332 86,8% 2,26% 2,0%
13 12 Nissan Livina 425 7.114 -54,8% 9,6% 2,12% 2,6%
14 10 Toyota Camry 401 7.184 -45,2% -14,4% 2,00% 2,6%
15 18 Ford Kuga 392 4.857 -12,7% 21,6% 1,96% 1,8%
16 47 Honda Odyssey 369 1.293 1,84% 0,5%
17 14 Nissan Sentra 363 6.356 -57,7% -40,4% 1,81% 2,3%
18 21 Mazda CX-5 329 3.622 34,8% 62,8% 1,64% 1,3%
18 26 BMW 5 Series 329 2.978 -24,0% -8,4% 1,64% 1,1%
19 9 Toyota Vios 300 7.340 -72,3% -26,0% 1,50% 2,7%
20 25 Hyundai Santa fe 266 3.027 -27,5% -1,4% 1,33% 1,1%
21 32 Mazda5 262 2.510 -38,2% -49,1% 1,31% 0,9%
22 34 Luxgen M7 259 2.435 67,7% 1,29% 0,9%
23 11 Mazda3 251 7.174 -7,7% 143,8% 1,25% 2,6%
24 41 Lexus ES 246 1.686 28,1% -27,9% 1,23% 0,6%
25 24 Honda Civic 244 3.193 -49,6% -8,1% 1,22% 1,2%

 

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