Market Overview: The car market in April has decreased by 10.3% compared with March. The total registration number this month is 37,038 units, which is 3.1% lower YOY. In this month, All the major brands except Mercedes-Benz and BMW have dropped in various scale compared with last month, and Tesla has the most severe drop of 35.1% due to CR-V’s 42.2% drop compared with last month, and it also has 41.2% of drop YoY. The accumulated registration number in the first 4 months of this year is 149,439 units, which is 0.4% lower YOY. As the supply of new cars came back to normal this year, the accumulated orders can be delivered successively among brands. However, the annual registration number this year shouldn’t be too positive according to the situation for the time being.

Market Overview: The car market in March has significantly increased by 57.3% compared with February. The total registration number this month is 41,313 units, which is 6.4% lower YOY. In this month, All the major brands have growth compared with last month, and Tesla has highest growth of 26587.5% due to the enormous delivery, as there was no ship arrived last month. In addition, brands including Toyota, Honda, Lexus, MG, Hyundai, Mercedes-Benz, Nissan, CMC, and Mitsubishi, have growth in various scale compared with last month, and Honda has the highest growth of 81.3%. The accumulated registration number in the first 3 months of this year is 112,401 units, which is 0.6% higher YOY. Even though the prediction of annual registration number this year might not be positive as last year, but the supply of new cars is stable now that the accumulated orders can be delivered successively.

Market Overview: The car market in February has significantly decreased by 41.4% compared with January due to the Chinese New Year holidays. The total registration number this month is 26,267 units, which is 20% lower YOY. In this month, Among the major brands, apart from Mazda that had increased 50.1%, brands including Toyota, Lexus, MG, Hyundai, Honda, Mercedes-Benz, CMC, Nissan, and Ford had significantly decreased, and Mercedes-Benz has the biggest drop of 58.6%. The accumulated registration number in the first 2 months this year is 71,088 units, which is 5.1% higher YOY, which means the supply of new cars has come back to normal, and the accumulated orders are being delivered successively. However, after the record high annual sales volume of 2023, it should be difficult to keep the volume this year.

Market Overview: The car market in January has slightly increased by 3.8% compared with December. The total registration number this month is 44,821 units, which is 28.8% higher YOY. In this month, Among the major brands, Mercedes-Benz, Lexus, Hyundai, CMC, MG, and BMW had increased, and Mercedes-Benz has the biggest growth of 99.1%. However, Toyota, Honda, and Nissan had decreased, and Nissan has the biggest drop of 8.5%. In the beginning of this year, the presidential election has ended in Taiwan, and the economic has been recovered compared with last year. In addition, the problem of new car supply chain and global chip shortage are not serious anymore, so that the accumulated orders can be delivered successively. Consequently, we assume that the annual registration number should be stable.

Market Overview: The car market in December has slightly decreased by 0.9% compared with November, and the total registration number this month is 43,161 units, which is 3.1% higher YOY. The accumulated registration number of 2023 is 476,987 units, which is 11% higher compared with 2022. The registration numbers of the main products of the leader – Hotai Motor are performing stably, but the Yaris Cross had dropped by 9.2% (1,509 units delivered) that made the registration number of Toyota decreased by 4.2% compared with November, and accounts for 29.7% of market share. Some major brands had growth this month, but others had decreases respectively. Especially Tesla that had increased by 121.2% due to batches of Model S and Model X arrival. Mercedes-Benz had the most significant drop among major brands, which is 35.1% lower compared with November, and 1.5% lower YOY, due to the registration number of the GLC had dropped, which is 49.4% lower compared with November, but it’s 118.8% higher YOY. The car market last year had stably recovered compared with 2022, which is 3,013 units less than our prediction in the past few months – 480,000 units.

Market Overview: The car market in November has increased by 7.5% compared with October, and the total registration number this month is 43,566 units, which is 9.8% higher YOY and performing well. The accumulated registration number in the first 11 months this year is 433,826 units, which is 11.8% higher YOY. The registration numbers of the main products of the leader – Hotai Motor are performing well, especially the Yaris Cross that went on sale for about 2 months had delivered 1,662 units that made the registration number of Toyota increased by 18.9% compared with October, and accounts for 30.7% of market share. Most major brands had growth in various scale this month, especially Mercedes-Benz that had increased by 17.5% due to batches of GLCs arrival. Hyundai had the most significant drop among major brands, which is 17.5% lower compared with October, but it’s 6.7% higher YOY. The main reason is the drop of Custin’s registration number, it had dropped by 17.3% compared with October, but it’s 108.1% higher YOY. In the foundation of the continuously stably recovering, the annual car market could be 480,000 units, just the same as the prediction in October.

Market Overview: The car market in October has increased by 9.3% compared with September, and the total registration number this month is 40,540 units, which is 10.7% higher YOY and performing well. The accumulated registration number in the first 10 months this year is 390,260 units, which is 12.1% higher YOY, as last year was heavily affect by unstable supply chains. The registration numbers of the main products of the leader – Hotai Motor came back to the level before, especially the all-new Yaris Cross had delivered 1,424 that made the registration number of Toyota increased by 26.7% compared with September, and accounts for 27.8% of market share. Most major brands had growth in various scale this month, especially MG that had increased by 43.3%. Ford had the most significant drop among major brands, which 4.1% lower compared with September, and it’s 30.9% lower YOY. The main reason is after the 3-star T-NCAP result of the Kuga released in September, it had dropped by 8.1% compared with September, and also dropped by 51.5% YOY. The car market keeps recovering stably this year, and there are many important models to be launched in 2 months remaining this year, so the annual car market could be 480,000 units, just the same as the prediction last month.