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Car sales in Taiwan see slight increase in June
Young people had difficulty choosing between buying a house and a car; during the traditional peak season of the car market in June, the total number of license plates increased slightly, a year-on-year decrease of 1.9%. The luxury brands hit a new high; Tesla won the first runner-up. Imported cars accounted for 51.7% of the market, and the Hotai in July fell slightly. Toyota / Lexus promotions should be able to stabilize market share.2024/07/01 14:18 -
TSMC’s dominance fuels Taiwan’s luxury car market surge
Discover how Taiwan’s burgeoning semiconductor industry has fueled a significant surge in luxury car sales, with Ferrari and other brands seeing substantial growth. TSMC leads the charge, influencing market trends and investor caution in the AI era.2024/03/28 17:21 -
Ferrari’s sales soar in Taiwan amid chip boom
Ferrari’s sales in Taiwan have surged in recent years, driven by the chip boom and global supply chain shifts. The luxury carmaker’s profits hit a record high, with Taiwan outpacing mainland China and Hong Kong in supercar sales growth. Despite Europe and the US being primary markets, Taiwan saw a significant rise in Ferrari sales, capturing 40% of the local two-door supercar market.2024/03/25 15:10