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Taiwan sales rise 16% in March | Automotive Industry News

Taiwan’s new auto marketplace expanded by virtually 16% to 43,222 units in March 2021 from 37,279 units in the identical month of last yr, according to regional studies citing registration information compiled by the directorate of highways.

In contrast with the earlier month, which experienced much less operating times thanks to the Lunar New Yr, sales ended up up by 58%. 

Profits of imported cars ended up just somewhat bigger yr-on-yr at 19,806 units last month while sales of locally manufactured cars jumped by over thirty% to 23,416 units served by new products this sort of as the Toyota Corolla Cross and Ford Aim and Kuga.

In the 1st three months of 2021, the over-all marketplace was up by just under seventeen% at 121,575 units from 104,046 units in the identical period of last yr, reflecting mostly potent economic advancement. GDP was estimated to have expanded by over 6% in the 1st quarter soon after advancement of five.1% in the fourth quarter of last yr, thanks to potent domestic usage and exports.

Toyota first quarter sales enhanced by virtually 18% to 35,487 units, followed by Nissan with eight,507 (+13.7%), Mercedes-Benz eight,360 (+18.1%), Ford 7,819 (+59.1%), Honda 7,312 (+20.7%) and China Motor 6,665 (+26.four%).

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