Ford expects its sales growth in Taiwan to slow next year due to a high comparison base effect following a strong rebound in sales on the island after the global financial crisis, Joe Hinrichs, president of Ford’s Asia-Pacific and Africa operations, said.
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Ford sold 17,366 vehicles in Taiwan in the January-November period, up 16.2% from 14,949 vehicles a year earlier, according to figures from Ford’s local manufacturing unit, Ford Lio Ho Motor.
When asked if an appreciating new Taiwan dollar will affect Ford’s pricing on the island, Hinrichs said: “We are watching the markets closely…and we are comfortable about where we are.”
The dollar has risen more than 3% against the US dollar so far this year.
The company said it will launch four new vehicle models in Taiwan in the next three years.
