New vehicle sales in Taiwan increased by 1% to 35,686 units in May from 35,348 units a year earlier, according to local reports citing company data.

Sales in the first five months of the year were up by 4.1% to 184,305 units compared with 177,059 in the same period of last year.

Toyota, Lexus and Hino distributor Hotai Motor Company reported a 6.5% sales decline to 9,462 units last month, reflecting slowing deliveries of passenger car models such as the Corolla, Vios and Yaris.

Cumulative five-month sales amounted to 51,620 units, for a 28% market share.

Mitsubishi distributor China Motor Corporation reported a 5.4% year-on-year sales decline to 3,658 units last month, resulting in five-month sales of 20,948 units, while Yulon Nissan's sales were down by 13.5% at 2,933 units – reflecting weak demand for the Tiida and Sentra passenger car models.

Honda was the biggest gainer among the major brands last month, with sales rising by over 42% year-on-year to 3,658 units thanks to buoyant demand for the CR-V SUV model.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Mercedes-Benz also reported a sharp increase in sales, of over 22% to 2,823 units.