New car sales in Taiwan fell 46.7 percent last month from the previous month to 24,215 units after the Lunar New Year shopping season, market statistics showed.
However, the figure was 12.3 percent higher than a year earlier, the data showed.
Hotai Motor Co (和泰汽車), the local sales agent for Japan’s Toyota Motor Corp, remained the top vehicle vendor in Taiwan, selling 6,048 units last month, down 51.06 percent month-on-month and 7.9 percent year-on-year, the statistics showed.
China Motor Corp (中華汽車), which markets cars under the Mitsubishi brand, rose one spot to second with sales of 3,003 units, a monthly drop of 36.2 percent, but an annual rise of 29 percent, the statistics showed.
Yulon Nissan Motor Co (裕隆日產), which sells cars under the Nissan brand, fell one notch to third place, selling 2,011 units, down 63.1 percent from a month earlier and 14.82 percent from the previous year.
As for imported cars, Mercedes-Benz was the best seller last month with 1,620 units, down 43.3 percent from the previous month, but up 28.3 percent from a year earlier. The figures were higher than fellow German brand BMW, which sold 1,084 cars in Taiwan last month, the statistics showed.
In the first two months of the year, new car sales in Taiwan totaled 69,645 units, up 0.9 percent from a year earlier, the data showed.
Total car sales for this year are forecast to be between 420,000 and 430,000 units, compared with about 440,000 last year, according to estimates by Yulon and Hotai.
In Italy’s storied gold-making hubs, jewelers are reworking their designs to trim gold content as they race to blunt the effect of record prices and appeal to shoppers watching their budgets. Gold prices hit a record high on Thursday, surging near US$5,600 an ounce, more than double a year ago as geopolitical concerns and jitters over trade pushed investors toward the safe-haven asset. The rally is putting undue pressure on small artisans as they face mounting demands from customers, including international brands, to produce cheaper items, from signature pieces to wedding rings, according to interviews with four independent jewelers in Italy’s main
Japanese Prime Minister Sanae Takaichi has talked up the benefits of a weaker yen in a campaign speech, adopting a tone at odds with her finance ministry, which has refused to rule out any options to counter excessive foreign exchange volatility. Takaichi later softened her stance, saying she did not have a preference for the yen’s direction. “People say the weak yen is bad right now, but for export industries, it’s a major opportunity,” Takaichi said on Saturday at a rally for Liberal Democratic Party candidate Daishiro Yamagiwa in Kanagawa Prefecture ahead of a snap election on Sunday. “Whether it’s selling food or
CONCERNS: Tech companies investing in AI businesses that purchase their products have raised questions among investors that they are artificially propping up demand Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Saturday said that the company would be participating in OpenAI’s latest funding round, describing it as potentially “the largest investment we’ve ever made.” “We will invest a great deal of money,” Huang told reporters while visiting Taipei. “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.” Huang did not say exactly how much Nvidia might contribute, but described the investment as “huge.” “Let Sam announce how much he’s going to raise — it’s for him to decide,” Huang said, referring to OpenAI
The global server market is expected to grow 12.8 percent annually this year, with artificial intelligence (AI) servers projected to account for 16.5 percent, driven by continued investment in AI infrastructure by major cloud service providers (CSPs), market researcher TrendForce Corp (集邦科技) said yesterday. Global AI server shipments this year are expected to increase 28 percent year-on-year to more than 2.7 million units, driven by sustained demand from CSPs and government sovereign cloud projects, TrendForce analyst Frank Kung (龔明德) told the Taipei Times. Demand for GPU-based AI servers, including Nvidia Corp’s GB and Vera Rubin rack systems, is expected to remain high,
RSS