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Demand for used cars soars amid components shortage

Reporter Vivian Hsiao
Release time:2022/11/17 08:38
Last update time:2022/11/17 08:38
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TAIPEI (TVBS News) — One of Singapore's largest AI-driven used car platforms recently launched its new service in Taiwan as local demand increases.
 
Following the pandemic's hit on supply chains around the world, car manufacturers have had difficulties keeping up with market demand.

 
 
In Taiwan, many have set their sights on used cars.
 
The popularity of used cars in Taiwan has been on the rise for the past two years, as reports showed an 8.4% increase in sales between 2021 and 2022.
 
With many opting to drive to work to avoid possible infection during the pandemic, experts predict the market demand for used cars will likely continue to increase in Taiwan.
 

 

Taiwan Business

#Taiwan#used cars#market demand#post pandemic#increase
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