Luxury Car Sales Soar in June with a Record 33.1% Market Share

Reported 12 months ago

Luxury imported cars continued to be delivered in large quantities in June, contributing to a total of 41,600 new car registrations for the month in the automotive market. Notably, Tesla led the market with 3,898 registrations, claiming the second-largest brand spot, while Lexus, Mercedes-Benz, and BMW followed in third to fifth places. The luxury car segment saw a 15.6% year-on-year growth, reaching a market share of 33.1%, a record high. In the electric vehicle market, Tesla's Model Y and Model 3 led the sales with over 3,800 registrations, marking a significant milestone in Taiwan's EV history. Overall, the local car market recorded a slight decline of 1% compared to the previous year, with industry analysts projecting a total market size of 450,000 vehicles for the year based on the first half's sales performance.

Source: YAHOO

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