Taiwanese Vehicles Market in 2022 totals 415,597 sales, the lowest since 2015 and a 4.0% decrease from the prior year. In December sales grew 5.2%, with 41,188 new registrations.
Market Trend and Outlook
The Taiwanese vehicle market in 2022 totals 415,597 sales, a 4.0% decrease from the prior year. These are the lowest levels of sales since 2015. In December demand grew 5.2%, with 41,188 new registrations .
Looking at cumulative data from 2022 brand-wise, the leader remains Toyota with 123,441 sales (-2.2%), far in front of Honda with just 27,373 sales (-4.1%).
Ford falls 1 spot into 3rd with 24,648 sales (-18.9%), followed by Nissan at 24,137 sales (-13.9%), Mercedes at 23,383 (-16.1%), CMC at 21,819 registrations (-10.1%) and Mitsubishi in 7th with 20,711 sales (+2.1%).
Lexus ranks in 8th with 19,327 sales (-8.1%), in front of BMW at 16,708 (-9.6%) and Hyundai closing the Top 10 with 15,593 sales (+18.7%).
Tables with sales figures
In the tables below we report sales for top 10 Brands.