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.
Sales of new cars in China, which replaced the United States to become the world's largest automobile market for several years, are forecast to continue to increase by at least 10% in 2014, with booming demand for quality auto parts expected to benefit some Taiwanese auto-parts makers who now supply the top-10 Chinese automakers, according to local industry sources. In conjunction with double-...
Taiwan-based automaker China Motor Corp. (CMC), the local assembler of Mitsubishis and developer and maker of its own line of GreenTrans electric scooters, recently announced tying up with the Macau Parking Co., Ltd. and an e-scooter distributor association in Macau to jointly sell e-scooters to the government. CMC will also offer comprehensive training courses for e-scooter sales representat...
Kwang Yang Motor Co., Ltd. (KYMCO brand) recently announced ambitions to extend its top position in Taiwan's PTW market for the 15th consecutive year in 2014. The company is aiming to boost global shipments, including sales to overseas markets, such as China, Colombia, the Philippines, and Vietnam, to 700,000 units over the year. J.B. Ke, KYMCO's executive vice president, forecasts that Taiwan's...
While announcing three company business development directions in 2014, Sanyang Industry Co., Ltd. (SYM brand), a major powered two-wheeler (PTW) maker in Taiwan, recently projected annual global sales volume at some 525,000 units for the new year. Liu Yung-Hua, SYM's president, said that in the new year his company will focus on exploring new export markets, accelerating new-product developme...
Sales of new powered two-wheelers (PTWs) in Taiwan totaled 667,973 units in 2013, modestly shy of most industry experts' expectations, but a 6.5% increase from the previous year, according to statistics compiled by the Ministry of Transportation and Communications (MOTC). Industry insiders said that in December 2013, new-PTW sales dropped about 10% from the previous month, hampering the 2013 v...
Yamaha Motor Taiwan Co. (Yamaha brand) expects a 10% sales volume growth in 2013, higher than the market's 7% volume expansion from the previous year, by selling more than 200,000 new powered two-wheelers (PTWs) on the island. The company is also expected to replace major rival Sanyang Industry Co., Ltd. (SYM), to become the No. 2 PTW vendor in Taiwan in 2013, trailing only Kwang Yang Motor Co...
The global electric-scooter (e-scooter) market has fallen far short of industry and government expectations for many years, but new initiatives are afoot to pave the way for wider adoption of the eco-friendly two-wheelers. BMW Motorrad is one of the powered two-wheeler (PTW) makers at the forefront of this trend The Germany company has been working hard in vehicle electrification and trying t...
Manufacturers look to South America to make up for falling European sales The market for powered two-wheelers (PTWs) in Taiwan has long matured. Statistics show that in 2013 each 1.54 Taiwan residents owned one PTW, up from 1.91 per PTW in 2001. Ownership on the island has just about hit its ceiling. The highly mature domestic market has been driving local PTW manufacturers to develop expor...
Bosch recently announced a major advancement in active motorcycle safety technology that is expected to change the image of motorcycling as a dangerous activity. The global automotive tier-1 supplier claimed that it has developed world's first brake control system for motorcycles. The motorcycle stability control (MSC) ensures maximum stability in all riding situations and supports bikers dur...
With competitive advantages in quality, durability and reasonable prices, Kwang Yang Motor Co., Ltd. (KYMCO brand), a major powered two-wheeler (PTW) manufacturer in Taiwan, recently announced its plan to export some 60,000 PTWs to Colombia. Industry insiders say that the sluggish PTW market in Europe is expected to make Colombia the largest single export nation for KYMCO, which is expected to...