New vehicle sales in Taiwan jumped by 23.4% year-on-year to 40,189 units in June, according to data released by local industry sources.
The country’s vehicle market continues to benefit from strong domestic confidence and improving exports.
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Market leader Hotai Motor, which distributes Toyota and Lexus vehicles, reported a 21.2% rise in sales to 13,321 units, while Yulon Nissan Motor reported a 22.1% rise in sales of Nissan and Infiniti vehicles to 4,961 units.
Sales in the first-half of 2014 increased by 15.5% to 210,554 units, raising expectations within the industry that the market will surpass the 400,000-unit mark this year.
