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.
Global car sales have declined by 4.7%, although we can see a slight growth in the US, Japan, and Germany. However, with a 10%-decrease of demand in China and India respectively, both high-ranking auto markets are a major factor in the worldwide decline. On the other hand, the number of electric cars hit over 5 million vehicles in 2019, with 20% of high growth, equal to its growth in 2018. Despit...
According to the survey data released by ITRI's Industrial Economics and Knowledge Center, there are currently about 86,000 employees in the automotive parts industry in Taiwan, and 2,549 component manufacturers, including about 300 original equipment manufacturers and 200 companies with factories in China. Due to the China-U.S. Trade War in 2018, it severely impacted the automotive supply chain ...
The Wuhan Economic and Technological Development Zone (also known as Chinese car capital), which has been hit by the new crown pneumonia epidemic, has resumed work and resumed production with more than 200 automobile and component companies following the recent improvement in the local epidemic situation. China News Agency reported that the Wuhan Development Zone was bu...
The new crown pneumonia epidemic has spread and hit many industries, but the Taiwan auto market has achieved good results. According to the latest statistics, the number of listings in the first 20 days of March was 19,297 units, a significant increase of 35.8% over the same period last year. The opportunity surpassed the original estimated 33,000 units of the leading auto market and Thai car. Th...
The spread of the new coronavirus in Germany, coupled with supply chain problems, have caused the B-stop and the original German factory in Porsche to stop working for two weeks. According to the information obtained by the supply chain system, the downtime may reach one month, and even the industry judges that the downtime will be even longer, and the output of German cars will be affected. ...
The China Automobile Dealers Association revealed on the 17th that in the first quarter of 2020, under the influence of the new crown pneumonia epidemic, the automobile market in mainland China continued to slump. In addition to terminal demand, it also affects the entire automotive industry chain. The vacancy rate of upstream component and vehicle manufacturers' production capacity is high, cost...
The car supply chain disconnection problem affected by the new crown pneumonia epidemic has gradually eased. After Yuri Automobile sought supply from Japan and Mexico, the original outage crisis that was expected in the middle of this month is expected to be resolved, and Guorui Automobile is expected to continue normal supply by the end of the month In the short term, Taiwan's auto supply will n...
The Scale of Global Automotive Electronics The global automotive electronics market size reached US$ 267.6 billion in 2018 and is expected to hit US$ 355 billion by 2023, with a CAGR of 5.6%, according to Strategy Analytics. The current output value is mainly driven by driving information systems, connected cars, and autonomous driving assistance systems (ADAS). The Status of Taiwan’s ICT i...
The pneumonia epidemic in Wuhan has spread. IHS Markit, a world-renowned economic forecasting and business consulting agency, predicts that the impact on the global industry this year will be the worst impact on the automotive and component industries, with a performance decline of 4.4%, followed by the computer and electronics, and restaurant industries. IHS Markit predicts that due to the ep...
The new pneumonia epidemic caused the Taiwanese car assembly to be broken. After Ford stopped working at the end of February, it added components by sea and air transportation. It is expected to resume work today (9). The other depots responded by reducing man-hours and starting four and a half days a week. If a heavy-duty manufacturer fails to supply parts, it may start to shut down this week. P...