Despite a relatively weak start and lingering inertia during the first half of 2017 due mainly to the impacts by many factors as the pension reform and “one fixed day off and one flexible rest day” policy, Taiwan’s auto market still ended the year with an encouraging result. According to statistics from local carmakers and dealers, Taiwan’s overall new-car sales in 2017 totaled 444,600 units, ...

For the past decades, Taiwan has built a solid ground in the global market for both automotive aftermarket (AM) and original equipment (OE) products. Now that new energy vehicles are heavily promoted by governments in world’s advanced countries, related technology such as electric vehicles (EV) and autonomous driving will become a main growth engine for the automotive industry in the coming decad...

In spite of overall new-car sales in China and the U.S., the world’s largest two automotive markets, expected to witness significant growth slowdowns in 2018, Taiwanese auto parts suppliers are still likely to stay on a roll in the year for a couple of reasons. The Taiwan-based Fubon Financial, one of the biggest financial firms on the island, released its latest automotive market research rep...

Taiwan’s electric vehicle (EV) parts industry is very likely to see a rosy year in 2018 or later, as the Germany-based globally known auto maker BMW and American EV maker and energy storage company Tesla, both of whom are demanding more supply of parts and components to make their EV models, are reported to have placed or increased orders to Taiwanese suppliers, namely Hota Industrial Mfg. Co., L...

Despite the fact that an electric vehicle has become a buzzword in the global auto industry while Tesla, an American electric automaker, energy storage company, and solar panel manufacturer based in Palo Alto, California, has been regarded as one of the most promising investees among investors and brokers in Wall Street, large-sized, gas-guzzling trucks still remain relatively popular with consum...

To deal with the mobile source pollution caused by conventional gasoline-powered cars, Lai Ching De, Taiwan’s Premier, said the governmental sectors are drafting the plans and a proper timeline to promote the use of only electric vehicles on the island. Being aware that the policy will bring significant impacts to the society and related industries in Taiwan, the government, which is now collecti...

Forced by growing worry about the increasingly strict emission standards for cars and the rise of electric vehicles to together jeopardize the continued existence of internal combustion engines, big oil companies and giant auto makers are teaming up to stave off the death of such a component which has been used for over a century in the global automotive industry by taking advantage of their secr...

Li-Shen Liang, chairman of Primax Electronics Ltd, a well-known Taiwan-based international company engaged in the production of PC peripherals, mobile device components and etc., noted that following information & communication, and electro-acoustic products, the firm’s auto-electronics will soon start to contribute to profits as the third growth engine for its performance. After witnessing it...

Held annually at Sands Expo in Las Vegas, the U.S., AAPEX (Automotive Aftermarket Products Expo) has ended another successful year and unveiled future trends of the continuously growing auto aftermarket and car servicing industries through a great deal of innovative products brought by exhibitors. AAPEX 2017, running from October 31st through November 2nd, hosted over 2,200 exhibitors, mostly ...

Hosting exhibitors from Germany, France, Italy, Korea, Taiwan, China, Iran and etc., the 12th Iran Auto Parts 2017, held on Nov. 13th through 16th, again serves as the largest and most influential auto parts trade fair in the Middle Eastern country. Due to the long-term international economic sanction, the Iranian government has suffered from lingering shortages of funds for developing locally...