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.
Mainly on the payoff of its efforts on boosting production capability and capacity to better tap the aftermarket segment of the global auto parts market, the Taiwan-based Tong Yang Industry Co., Ltd., the island’s largest auto parts manufacturing conglomerate, witnessed its pretax profits surge significantly in the first half of this year. According to the latest financial statement by Tong Ya...
The 3rd Annual Global Automotive Lightweight Materials Congress Asia (GALM Asia) is scheduled September 28-29, 2016 in Shanghai, to continue leading global trends for automotive lightweight materials and manufacturing technologies, with a brand new agenda focus and a fully revamped speaker line-up that includes the largest automotive OEMs (original equipment manufacturers) and material suppliers ...
Aided by Ministry of Economic Affairs (MOEA), Taiwanese electric bus makers have teamed up with local parts and component suppliers to actively penetrate the Southeast Asian market. And better quality and price offered will hopefully help them in the face of competition from Chinese and Japanese rivals to gain solid ground there. MOEA officials note that following years of development, a well ...
The U.S.-based Tesla Motors, world’s leading electric sports sedan developer and vendor, formally sets up shop in Taiwan by putting its local official website online to accept orders by local consumers, marking the beginning of its foray into the Taiwanese market for upscale cars. Tesla Motors Taiwan, which just unveiled a Model S electric sedan last week in a department store in Taipei, capit...
Responding to the brisk pre-orders of Tesla’s Model 3 sedans, Hota Industrial Mfg. Co., Ltd., a Taiwanese conglomerate of transmission system parts, machinery and all-terrain vehicle businesses and Tesla’s exclusive supplier of reduction gear sets, has been planning to set up a plant in the U.S. to better serve the customer and seize considerable business opportunities brought by Tesla’s success....
After the Chinese New Year holidays, of which this year totaled nine days to have likely sapped new car sales as is typically the case, new-car sales in Taiwan lost momentum due to economic uncertainties ahead that could be partly caused by the new administration to take over in May, totaling only 21,561 units, down 13.5 percent from a year earlier, or year-on-year (YoY), and lower than most vend...
Kenda Rubber Ind. Co., Ltd., a Taiwan Stock Exchange (TWSE)-listed tire maker headquartered in Taiwan and with production bases worldwide, recently announced that sales of automotive spare tires and electric two-wheeler tires have been increasing to help steady the momentum behind the maker's operations, albeit with demand from the Chinese market slowing to reflect the widely reported structural ...
The Export Processing Zone Administration (EPZA) under Taiwan's Ministry of Economic Affairs recently approved an application from the domestic Jui Li Enterprise Co. Ltd., a Taiwan Stock Exchange (TWSE)-listed auto-parts maker, to set up a factory in the Pingtung Export Processing Zone (PEPZ) of southern Taiwan. Pingtung is the southernmost city in Taiwan. Jui Li plans to pour more than NT$1.6...
Cheng Shin Rubber Ind. Co., Ltd., a Taiwan Stock Exchange (TSE)-listed automotive tire maker headquartered in Taiwan with several overseas production bases, recently said that the massive Chinese automotive-tire market is seeing some recovery to stabilize this year, so the company's annual tire sales are expected to see minor growth this year, compared to a minor drop in 2015. The tire maker's an...
Some 47,477 new cars (including light commercial vehicles as paneled vans) were sold in Taiwan in the first month of 2016, up 13.5 percent from the previous month, or month-on-month (MoM), but a 1.1 percent decline from the same period of last year, or year-on-year (YoY), according to statistics compiled by Taiwan's Ministry of Transportation and Communications (MOTC). Industry experts pointed...
