Taiwan Vehicles Market in 2015 at the second best ever, just 0.5% from the record.

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Taiwan Vehicles Market in 2015 at the second best volume ever, just 0.5% down from the record established in the 2014. Toyota was the number one, with the top four models while Honda hits the record sales.

Economic Outlook

Taiwan headed to the polls on 16 January in a landmark election in which the country’s future economic policies were at stake. Ma Ying-jeou of the ruling Kuomintang party (KMT) and Tsai-ing Wen of the pro-independence Democratic Progressive Party (DPP) offered two fundamentally different visions on how Taiwan should deal with China and the extent to which the Taiwanese economy should be integrated with that of mainland China.

Tsai-ing Wen won the election by a larger-than-expected margin of 56.1% percent and secured a non-KMT majority in Parliament for the first time in history. Despite her strong mandate, Tsai is facing difficult years ahead as the economy is debilitated and latest data paint a somber picture: exports tallied the largest contraction in 2015 since 2009, the government revised down Taiwan’s GDP forecasts in November and weaker-than-expected 2015 GDP data for mainland China offer little hope for Taiwanese industries going forward.

Market Outlook

The market is on the best wave since month and attempted to hit the all time record just one year later. Therefore, the fourth quarter shy -1% caused the missing of the year for near 3.000 units on annual basis.

Indeed, according to the data released by the T.T.V.M.A., the Taiwan Transportation Vehicle Manufacturing Association, in the last quarter of the 2015 light vehicles sales in the country had been 109.596 with final year figures landed at 420.780, down 0.5% from the last year record.

Top brands podium unchanged with Toyota as first with 119.058 sales (-5.4%), Nissan in second with 43.416 (-9.1%), Mitsubishi in third with 42.134 (-2.8%). Honda scored its all time record sales ranking fourth with 27.639 sales (+12.4%) gaining one spot and outpacing Ford.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank 2015Rank 2014Brand201520142015 VarShare 2015
Rank DecRank 2015ModelSales DecSales 2015Dec Var2015 VarShare DecShare 2015
11Toyota Corolla5.35142.18531,0%-5,7%14,0%11,1%
22Toyota RAV42.19618.126-3,3%8,5%5,8%4,7%
33Toyota Yaris1.63215.038-16,1%14,3%4,3%3,9%
54Toyota Wish1.26913.659-2,3%-11,8%3,3%3,6%
75Nissan Tiida1.03412.245-20,0%-23,0%2,7%3,2%
46Honda CR-V1.38012.077-20,6%-3,2%3,6%3,2%
87Mitsubishi Veryca1.01210.71943,3%-2,3%2,7%2,8%
169Luxgen U6 Turbo7179.9335,3%-4,9%1,9%2,6%
1010Toyota Vios9429.729-0,3%-23,5%2,5%2,5%
1411Toyota Camry8049.300-16,5%-14,8%2,1%2,4%
1312Nissan Livina8199.279-19,9%-0,2%2,1%2,4%
1913Ford Focus5708.795-54,4%-29,0%1,5%2,3%
2314Mitsubishi Delica5138.289-40,3%-6,0%1,3%2,2%
1215Nissan Sentra8408.224-15,7%-38,2%2,2%2,2%
916Nissan X-Trail9667.7942,5%2,0%
1517Honda Fit7967.188-10,6%37,8%2,1%1,9%
1118Ford Kuga8876.67645,4%22,1%2,3%1,7%
1719Toyota Innova6536.0348,5%0,1%1,7%1,6%
1820Mitsubishi Zinger5875.34344,2%21,1%1,5%1,4%
2021Mercedes C Class5395.321-12,6%10,0%1,4%1,4%
3522Mitsubishi Outlander2675.185-51,5%51,2%0,7%1,4%
2423Mazda CX-54815.17839,4%72,5%1,3%1,4%
2224Mercedes E Class5275.00636,9%-8,4%1,4%1,3%
2725Mitsubishi Colt Plus3454.214-14,8%-26,4%0,9%1,1%