2018 Taiwan Industrial Outlook-Motor Vehicles

In 2018, the global auto market is expected to show a slight growth trend. In 2017, the top five countries in terms of global sales, except the United States, China, Japan, Germany and India all showed sales growth momentum. In Asia, the SUV models in mainland China continued to sell well, and the demand for vehicles in the third- and fourth-tier cities supported the sales performance. The China Automobile Association announced that the total sales volume of the automobile market in January-April 2018 was 9.501 million units, a 4.8% increase over the same period in 2017...