Sat, Jan 03, 2004 - Page 10 News List

Show highlights imported cars

READY TO RIDE The 2004 Taipei International Auto Show will feature the best the world's car makers have to offer, as they take on domestic competitors

By Amber Chung  /  STAFF REPORTER

General Motors Taiwan will display 13 cars from the Cadillac, Buick and Opel brands, priced from NT$599,000 to NT$3.5 million.

"We will hold `happy hour' activities from 4pm to 6pm every day during the show for customers who would like to purchase cars at surprising discounts," said Wendy Sang (桑文慶), public relations assistant manager at GM Taiwan.

She declined to reveal exactly how surprising the discounts would be.

The appreciation of the euro has hurt many European importers who have already suffered a decrease in market share from 35 percent to 15 percent because of the growing popularity of domestic cars, said Sang.

"We will have to raise our prices by 3 percent to 5 percent to reflect the increased costs resulting from [the euro's] appreciation sometime this year," added Sang. "Meanwhile, we will offer more advanced services as compensation to customers."

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