Local vehicle sales tumble 9% as buyers stay at home - News Summed Up

Local vehicle sales tumble 9% as buyers stay at home


Local vehicle sales tumble 9% as buyers stay at homeBy Lisa Wang / Staff reporterNew vehicle sales last month slumped 9.2 percent to 34,403 units from 37,901 units in April as the market took a hit from a nationwide level 3 COVID-19 alert, data compiled by online market researcher U-Car.com showed. In the first five months of this year, new vehicle sales expanded at an annual rate of 15.1 percent to 193,879 units, the data showed. 2, with vehicle sales soaring 29.1 percent to 2,707 units, giving it a market share of 7.9 percent. Ford Lio Ho Motor Co (福特六和) was third with sales shrinking 12.4 percent to 2,139 units, with a market share of 6.2 percent. Strong growth in the first four months would hopefully provide a cushion for the local market, they said.


Source: Taipei Times June 01, 2021 15:56 UTC



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