New car sales saw annual decline, but monthly recovery

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NO VACATION :
More shopping days and demand for vehicles from Ford Motor Co, Honda Motor Co and Tesla Inc helped spark the monthly rebound, U-Car.com said.

  • By Chen Cheng-hui / Staff Reporter

New-vehicle sales last month fell 8.7% year-on-year to 39,442 units as chip shortages continued to hamper vehicle production, according to data released Friday by the country’s motor vehicles bureaus. .

However, new vehicle sales were up 62.5% from February, when sales were disrupted by the Lunar New Year holiday, the data showed.

The arrival of new models and strong demand for vehicles from Ford Motor Co, Honda Motor Co and Tesla Inc helped trigger the monthly rebound, said automotive information provider U-Car.com.

Photo: Amy Yang, Taipei Times

Hotai Motor Co (和泰汽車), which distributes Toyota Motor Corp and Lexus vehicles in Taiwan, remained the country’s sales leader with 13,776 units last month, although its sales fell 9.3% from to last year.

China Motor Corp (CMC, 中華汽車), which distributes Mitsubishi Motors Corp vehicles and markets its own CMC commercial vehicles, ranked second in sales with 3,892 units, down 7.6% year-on-year last.

Honda Taiwan Co (台灣本田) ranked third with 3,398 units, up 8.5% from a year ago, driven by demand for its CR-V sport utility vehicles and Fit compact cars, reported U-Car.com.

Ford Lio Ho Motor Co (福特六和), a local subsidiary of Ford Motor based in the United States, ranked fourth with 2,787 units, up 4.4% from last year, thanks to demand for its Focus sedans and Kuga sport utility vehicles, U-Car.com added.

Yulon Nissan Motor Co Ltd (裕隆日產), which distributes Nissan Motor Co and Infiniti vehicles, ranked fifth with 2,364 units, down 23.6 percent from a year ago, the data showed.

The fallout from the COVID-19 pandemic and global chip shortage led to a 37.5% drop in sales of Mercedes-Benz AG vehicles, distributed by Mercedes-Benz Taiwan Ltd (台灣賓士), to 1,784 units , while sales of BMW AG vehicles, marketed by Pan German Universal Motors Ltd (汎德永業), fell 45.6% to 873 units.

However, sales of Model 3 cars, delivered by Tesla Motors Taiwan Ltd (台灣特斯拉), rose 116% to 1,633 units.

In the first quarter of the year, sales of new vehicles fell 14.2% year-on-year to 104,344 units, while sales of imported vehicles fell 17.8% to 43,782 units, the data showed. of the motor vehicle office.

Given concerns about production cuts, delivery delays, inflationary pressure and the war in Ukraine, new car sales this month are expected to fall to 36,000 units, media said, citing dealer estimates. .

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