COVID-19: Yulon expects COVID-19 restrictions to hurt sales
AUTO CHIP SHORTAGE: Yulon Nissan and Luxgen Motor have raised their chip inventories, so there would not be a supply issue until July, Yulon Motor’s vice president said
By Lisa Wang / Staff reporter
Yulon Nissan Motor Co (裕隆日產), which distributes Nissan and Infiniti vehicles in Taiwan, yesterday said that a spike in COVID-19 infections would dent local automobile sales this quarter as people are opting to stay at home amid restrictions on public movement.
“We expect the pandemic to impact car sales in May, June and July. At this stage, it is premature to say how big the impact will be,” Yulon Nissan spokesman Joseph Hsiung (熊金鐸) told an online investors’ meeting. “It will hinge on whether the government will impose more stringent measures to curb the infections.”