These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
With ASEAN (Association of Southeast Asian Nations) member countries having cut their import duties on merchandise originating and traded within the bloc from around 30 percent to zero since the beginning of 2018, ever more automakers have actively set up their production in Vietnam, to bring significant changes to the fast-growing Southeast Asian auto market. Before the removal of the tariffs...
Earlier this year, Rita Teaotia, the secretary of Ministry of Commerce & Industry, Government of India, headed a group of five senior officials and several buyers to attend India-Taiwan Trade Forum & Business Matching Meeting held by Taiwan External Trade Development Council (TAITRA), a non-profit, Taiwanese government co-sponsored trade promotion organization, expecting that through this meeting...
After topping Toyota as the world’s largest carmaker by sales in 2016, Volkswagen (VW), a globally known German automaker, effectively retained the throne in 2017 by selling 10.74 million cars all over the world, according to statistics compiled by global distributors. Partly on the payoff of its decades-long efforts on exploring the Chinese market since 1985, VW scored a 4.3 percent growth in...
With its fast-growing economy, Myanmar has seen domestic market demands for aftermarket (AM) parts sharply soar over the past few years. After attending Myanmar International Auto Parts & Accessories Exhibition, a steadily expanding auto parts exhibition in Southeast Asia, several Taiwanese firms feel that exploring the market, without doubt, will be worth the effort, but the tariff issue can be ...
Organized by Department of International Trade Promotion, Ministry of Commerce, Royal Thai Government, Thailand Auto Parts & Accessories exhibition (TAPA), is one of the most influential and professional auto after-market (AM) exhibitions in Southeast Asia. The 8th edition of TAPA is going to take place from April 5 through 8 at Hall 101-104, Bangkok International Trade & Exhibition Centre (BITEC...
In the era of electric vehicles (EVs), Taiwan’s auto parts industry may have gained better competitive advantages than ever, mainly thanks to the payoff of the R&D efforts by two bellwethers in different fields: Yulon Motor Co., Ltd., a Taiwan-based international automaker, who has actively developed new energy systems for EVs; and Hota Industrial Mfg. Co., Ltd., a high-profile maker of auto tran...
Benefiting from the growing sales of recreational vehicles (RV) and new energy cars, Taiwan’s auto parts suppliers generally look forward to a rosy year in 2018. But still, multiple factors, such as whether or not China’s auto market will continue to grow this year, will directly influence performance by Taiwanese suppliers, especially those engaged in aftermarket (AM) products. According to...
David Shen, chairman and CEO of Taiwan-based Hota Industrial Mfg. Co., Ltd., one of the largest precision auto transmission component makers by size in the global market, confirmed that the company has just won new contract orders for reduction gearboxes from two automobile tycoons in Europe and the U.S., to further pump up its revenues and profits in the coming few years. Responding to the tr...
Industrial Economics and Knowledge Center (IEK), an institute organized by Industrial Technology Research Institute (ITRI), one of the world’s leading technology R&D institutions, with an aim to help businesses in Taiwan meet revolutionary changes in a fast moving knowledge economy, has published the Economic Outlook and Key Issues for Taiwan’s auto industry, forecasting that the industry’s outpu...
Volkswagen, a German automaker founded in 1937 by the German Labour Front and headquartered in Wolfsburg, achieved a new high in its overall automobile sales in 2017, very likely to outperform its Japanese counterpart Toyota again as the world’s largest carmaker for the second consecutive year. On January 17, Volkswagen reported its combined auto sales of 1.074 million units, including sedans...