New vehicle sales in Taiwan increased by 19.9% year on year to 36,724 units in May, driven by new models and strong dealer promotional activity.
Sales in the first five months of 2014 increased by 13.8% to 170,365 units.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Hotai Motor, which distributes Toyota and Lexus vehicles, reported a 19.3% increase to 12,518 units in May, helped by strong sales of the new Vios model and of the Corolla Altis [sedan]. The company’s share of the vehicle market remained above 34%.
Yulon Nissan Motor, which distributes Nissan and Infiniti vehicles, reported a 21.9% increase in sales to 4,063 cars last month to claim a market share of just over 11%.
