New vehicle sales last month fell 8.7 percent year-on-year to 39,442 units as a chip shortage continued to hinder vehicle production, data released on Friday by the nation’s motor vehicle offices showed.
However, new vehicle sales increased 62.5 percent from February, when sales were disrupted by the Lunar New Year holiday, the data showed.
The arrival of new models and robust demand for vehicles from Ford Motor Co, Honda Motor Co and Tesla Inc helped to trigger the monthly rebound, auto information provider U-Car.com said.
Hotai Motor Co (和泰汽車), which distributes Toyota Motor Corp and Lexus vehicles in Taiwan, remained the nation’s sales