Taiwan. Government’s early response to Covid-19, enables car market to contain losses (-11.1%) in April
Taiwanese Vehicles Sales were not largely affected by the Coronavirus outbreak, as Government’s early deployment of restriction measures managed to contain the number of cases throughout the country. However, in April the market reported an 11.1% drop at 30.882 units, leading Year to Date figures at 134.383 (+1.9%).
Taiwanese Vehicles Sales in 2019 held a positive trend. Indeed, Total sales have been 438.145, up 1.3%, while December registered 43.430 units. Toyota started to recover market share while Honda immediately lost the 2nd place, falling in double-digits.
Taiwanese Vehicles Sales fell 3.2% in 2018 interrupting the positive performances scored in recent years, closing with 432.314 sales. Despite the fall by 10%, Toyota is still the market leader, ahead of Honda and Nissan.
Taiwan Autos Sales in 2017 hit the second all time record in a row, while with a narrow gain from the previous year. The consumer demand is still strong and sustained by rolling economy. Toyota is market leader with 25% share and top 3 models.
Taiwan Vehicles Market in 2015 at the second best volume ever, just 0.5% down from the record established in the 2014. Toyota was the number one, with the top four models while Honda hits the record sales.
In 2014 the Taiwan Car Market hit the new all-time record outpacing the 0.4 million units first time ever. The market is a feud of Japanese with Toyota near 30% of market share.