Two-wheeler Sales in Taiwan Down 9.3% in July
August 15, 2006
Filed under Uncategorized
Sales of two-wheelers in Taiwan in July dropped 9.3 percent compared to sales in July 2005.
China's Ministry of Transportation and Communications (MOTC) says economic factors negatively influenced consumer financing, which in turn played a large role in dropping sales to 67,736 units.
July's figures continued a downward trend. Sales for the seven months ended July 31 totaled 409,845 units, down 5.8 percent from the same period last year.
The top-five PTW brands in Taiwan include Kwang Yang Motor Co., Ltd. (KYMCO), Yamaha Motor Taiwan Co. (Yamaha), Sanyang Industry Co., Ltd. (SYM) and Tailing and Motive Power Industry Co. Ltd. (PGO).