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New car sales drop 0.64% annually - Taipei Times


New car sales drop 0.64% annually
By Lisa Wang / Staff reporter
The nation’s new car sales edged down 0.64 percent annually to 27,174 units last month, online market researcher U-Car.com said in a report yesterday.
On a monthly basis, sales dropped 46.89 percent from 51,170 units.
Capital Investment Management Corp (群益投顧) attributed the decline to a higher comparison base in January when sales of Toyota Corolla Cross sports utility vehicles (SUVs) surged and consumers rushed to buy vehicles amid concerns of an auto shortage, as well as the timing of the Lunar New Year holiday, which was in January last year, but February this year. ....

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