Taiwan October. New vehicles sales down 9%

Taiwanese Vehicles Sales Honda-Clarity_Fuel_Cell-2017

Taiwanese Vehicles Sales fell 9% in October, in line with total year to date performance. Following the previous year all time record the vehicles demand this year has shifted down the gear. Honda is the star of the year with figures up 26.2%.

Taiwanese economy roared through the third quarter on the back of a stellar performance in the external sector. Strong global economic growth and a cyclical upswing in electronics exports supported shipments overseas throughout the quarter, with the external sector recording its largest contribution to growth in over five years. Conversely, the domestic sector dragged on growth as gross capital formation growth plunged and households failed to respond to stronger real wages and a buoyant equity market.

Following the 2016 all time record that has positioned Taiwan as the World’s 26th vehicles market, in the 2017 the Taiwanese vehicles demand shifted to a lower gear and is moving almost in the same line of the previous year, albeit sustained economic growth.

In effect, the start of the year was not in line with this expectation and according to the data released by the T.T.V.M.A., the Taiwan Transportation Vehicle Manufacturing Association, the total new vehicles sold in the Q1 grew a mere 1.0%, before to decline in the Q2 ending the first half down 2.3% with 217.162 sales. The trend was on in the third quarter with sales down 5.4%. In October sales have been 33.577 (-9.2%) with year to date figures at 355.768 sales, down 4.3%.

At brand-wise, the market leader was Toyota losing 6.0% (30% in October!) and selling 92.265 vehicles.

In second place Nissan with 33.966 units (-9.1%) ahead of Honda with 27.333 (+26.6%), Mercedes with 23.454 (+13.2%), CMC with 19.181 (+8.4%), Mitsubishi with 19.043 and Mazda with 17.649 (-7.4%).

At model-wise, the best-selling model was the Toyota Corolla with 33.088 sales (-7.2%) followed by the Toyota Rav4 with 17.399 (+6.1%) and the new Toyota Sienta with 11.987.

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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 2017 Rank Oct Brand Sales 2017 Sales Oct Variation 2017 Variation Oct Share 2017 Share Oct
1 1 Toyota 92.265 7.085 -6,0% -30,2% 25,9% 21,1%
2 2 Nissan 33.966 3.400 -9,1% -4,6% 9,5% 10,1%
3 3 Honda 27.333 3.016 26,6% 29,9% 7,7% 9,0%
4 5 Mercedes 23.454 2.217 13,2% 6,8% 6,6% 6,6%
5 9 CMC 19.181 1.459 8,4% -13,5% 5,4% 4,3%
6 6 Mitsubishi 19.043 1.800 -51,7% -50,7% 5,4% 5,4%
7 4 Mazda 17.649 2.271 -7,4% 3,5% 5,0% 6,8%
8 7 BMW 15.528 1.753 2,5% 10,5% 4,4% 5,2%
9 8 Ford 15.318 1.480 0,7% 28,7% 4,3% 4,4%
10 12 Lexus 12.753 1.000 6,1% -30,2% 3,6% 3,0%

Rank 2017 Rank Oct Group Sales 2017 Sales Oct Variation 2017 Variation Oct Share 2017 Share Oct
1 1 Toyota M.C. 114.418 9.025 -3,6% -27,4% 32,2% 26,9%
2 2 Renault Nissan Alliance 54.619 5.369 -30,1% -27,3% 15,4% 16,0%
3 3 Honda M.C. 27.333 3.016 26,6% 29,9% 7,7% 9,0%
4 4 Mercedes Benz 26.057 2.417 25,8% 16,5% 7,3% 7,2%
5 6 Volkswagen Group 22.236 1.995 -4,0% 1,6% 6,3% 5,9%
6 9 CMC 19.181 1.459 8,4% -13,5% 5,4% 4,3%
7 5 Mazda 17.649 2.271 -7,4% 3,5% 5,0% 6,8%
8 7 BMW 16.379 1.840 3,6% 11,8% 4,6% 5,5%
9 8 Ford M.C. 15.318 1.480 0,7% 28,7% 4,3% 4,4%
10 10 Yulon Motor 11.630 1.352 -14,6% -0,9% 3,3% 4,0%

Rank 2017 Rank Oct Model Sales 2017 Sales Oct Var 2017 Var Oct
1 1 Toyota Corolla 33.088 3.017 -7,2% -19,0%
2 2 Toyota RAV4 17.399 1.629 6,1% -35,4%
3 5 Toyota Sienta 11.987 1.020
4 6 CMC Veryca 11.485 975 -2,5% -11,2%
5 8 Honda HR-V 11.067 875 1205,1% 3,2%
6 3 Nissan Tiida 10.346 1.317 4,6% 45,8%
7 12 Toyota Yaris 10.171 746 -16,6% -26,8%
8 4 Honda CR-V 9.016 1.241 5,3% 87,5%
9 13 Nissan Livina 8.419 698 1,9% -4,8%
10 10 Mazda3 8.178 828 -10,2% -28,7%

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