Strong sales of new car models helped Luxgen Motor Co Ltd (納智捷) replace Ford Motor Co as the nation’s No. 4 car brand last month.
Luxgen, which is operated by Taiwan-based manufacturer Yulon Motor Co (裕隆汽車), sold 3,101 cars last month to give it a record 7 percent share of the local market, according to statistics compiled by Chunghwa Telecom Co’s (中華電信) data communication branch.
In the first month of the year, the car company distributed 2,237 Luxgen U6 Turbo sport utility vehicles that it launched on Nov. 11 last year and started distributing last month, Luxgen said in a statement.
Orders for the carmaker’s U6 model numbered more than 3,000 as of yesterday, it added.
Hotai Motor Co (和泰汽車), which distributes Toyota and Lexus models in Taiwan, continued to lead the market after selling 13,399 cars last month to command 30.2 percent of the market, data showed.
The sales figure represented a 2 percent monthly rise and a 6.8 percent annual drop, Hotai said.
The company managed to distribute 4,660 units of the new model of Toyota’s Altis sedan in the first month of the year, higher than the 4,000-unit target that it had set previously, Hotai spokesman Fred Hsieh (謝富來) said by telephone yesterday.
“However, the firm’s total car sales this month may drop to about 20,000 units, as most clients prefer to purchase cars before the Lunar New Year holiday,” Hsieh said.
“Fewer work days this month as a result of the holiday is also likely to cause sales numbers to decline from the previous month,” he added.
Coming in after Hotai was Nissan and Infiniti distributor Yulon Nissan Motor Co (裕隆日產), which sold 5,921 cars for a 13.4 percent stake in the market.
The 5,921 figure was up by 35.9 percent from the previous month and by 18.2 percent from a year ago, boosted by sales of Nissan’s Super Sentra sedan, which debuted in October last year.
Yulon Nissan sold 2,289 units of the Super Sentra last month, up 78.4 percent from a month earlier, Chunghwa’s figures showed.
China Motor Corp (中華汽車), the local manufacturer of Mitsubishi cars, came in third after distributing 4,719 cars last month, according to its sales figures. The company had a 10.7 percent share of the market last month.
China Motor’s sales last month were up 39.7 percent from December last year and down 11.7 percent annually.
Total car sales in Taiwan last month jumped 13.6 percent to 44,301 units from a month ago, representing a 4 percent annual rise, Chunghwa’s statistics showed.
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Hon Hai Precision Industry Co (鴻海精密) yesterday said it would work with US chipmaker Intel Corp to jointly develop and deploy next-generation artificial intelligence (AI) infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Hon Hai, also known as Foxconn Technology Group (富士康), said in a statement that the partnership would combine its global manufacturing scale, system integration expertise and AI data center deployment capabilities with Intel’s strengths in processor architecture, silicon technologies and software ecosystem. The companies said they plan to work on equipment used in AI data centers, including server racks powered by
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat
RSS