Hotai already sold more than 4,400 Lexus units in the five months to May, which is much higher than Mercedes-Benz's 2,900 units, he added.
"We believe this situation will be sustained through the year," Yang said.
Volvo, ranking No. 4 on Taiwan's luxury car market, targeted a 33 percent growth in car sales this year by selling 2,000 cars from 1,500 last year, according to the carmaker's Taiwan branch.
Volvo is scheduled to roll out a new sportwagon V50 later this month. Mercedes-Benz is set to unveil its new C-class car today.
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