The Luxgen n7 is the #1 BEV in Taiwan for the 2nd month running.

The Taiwanese new car market slides down -2.4% year-on-year in May to 41,477 sales. This means the year-to-date tally is now off -0.8% to 190,916. Atop the brands ranking, both Toyota (+5.6%) and Mercedes (+18.5%) defy the negative market with solid upticks. Lexus on the contrary underperforms at -17% to 6% share vs. 6.6% so far this year. BMW (+16.1%) excels and gains four spots on last month to land at #4. MG (+62.4%) continues its spectacular progression, with Tesla (+39.1%) and CMC (+3.1%) also solid.

The Toyota Corolla Cross (-19.8%) remains by far the favourite model in Taiwan despite a steep year-on-year all. In fact Toyota monopolises the Top 4 with the Town Ace (+35.5%) at #2, the RAV4 (+54.1%) at #3 and the new Yaris Cross at #5. The MG HS (+23.9%) is up year-on-year but drops two ranks on April to #5. The new Luxgen n7 is once again the best-selling BEV in Taiwan at #7 overall, just above the Tesla Model Y (-17.2%) at #9. 

Previous month: Taiwan April 2024: MG HS repeats at #3, Luxgen n7 up to #6

One year ago: Taiwan May 2023: Lexus, BMW highlight market up 37.4%

Full May 2024 Top 10 brands and Top 60 models below.

Taiwan May 2024 – brands:

PosBrandMay-24%/23Apr2024%/23PosFY231Toyota10,49525.3%+ 5.6%149,77826.1%– 1.3%112Mercedes2,6696.4%+ 18.5%311,6276.1%+ 6.4%343Lexus2,5016.0%– 17.0%212,5276.6%– 10.2%234BMW2,1905.3%+ 16.1%87,6194.0%+ 0.1%995Hyundai2,0414.9%– 0.1%510,5165.5%+ 13.7%566Honda2,0334.9%– 17.8%711,3225.9%+ 0.3%427Tesla1,8244.4%+ 39.1%n/an/an/an/an/an/a8MG1,6764.0%+ 62.4%410,0205.2%+ 158.0%6n/a9CMC1,6724.0%+ 3.1%98,7334.6%+ 10.2%7810Nissan1,6003.9%– 11.7%68,5754.5%– 7.5%85n/aMitsubishi1,4293.4%– 15.8%106,5433.4%– 9.7%11n/a

Taiwan May 2024 – models:

PosModelMay-24%/23Apr2024%/23PosFY231Toyota Corolla Cross2,3475.7%– 19.8%111,7706.2%– 19.7%112Toyota Town Ace1,8554.5%+ 35.5%28,9024.7%+ 22.0%243Toyota RAV41,7804.3%+ 54.1%48,0844.2%+ 42.4%334Toyota Yaris Cross1,3783.3%new56,9773.7%new5285MG HS1,2793.1%+ 23.9%37,2083.8%+ 85.6%496Lexus NX1,1992.9%– 11.3%75,4752.9%– 12.6%777Luxgen n71,1002.7%new62,6551.4%new18n/a8Honda CR-V1,0782.6%– 21.8%106,1753.2%– 11.5%629Tesla Model Y1,0632.6%– 17.2%n/an/an/an/an/a1010CMC Veryca1,0462.5%– 9.4%85,1782.7%– 9.9%8611Mercedes GLC Class1,0202.5%+ 138.9%213,4031.8%+ 46.7%121612Toyota Corolla Altis9812.4%– 19.0%94,9202.6%– 26.9%9513Hyundai Tucson8202.0%+ 58.9%134,0242.1%+ 81.3%102014Mitsubishi Delica6951.7%– 5.7%123,3071.7%– 8.2%131315Ford Focus6311.5%– 53.3%163,1961.7%– 46.1%14816CMC Zinger6261.5%+ 34.0%143,5551.9%+ 64.3%112117Nissan Kicks6071.5%– 25.1%152,5831.4%– 40.3%201118Tesla Model 35591.3%+ 2695.0%n/an/an/an/an/an/a19Honda HR-V5191.3%– 31.5%222,7361.4%+ 7.0%171420Lexus RX4701.1%– 19.5%192,4641.3%– 8.2%211821Hyundai Custin4631.1%– 32.3%182,5961.4%– 1.1%191922BMW iX14511.1%+ 95.2%n/an/an/an/an/an/a23Nissan X-Trail4501.1%+ 214.7%112,9701.6%+ 350.7%152724Toyota Sienna4481.1%n/a31n/an/an/an/an/a25Hyundai Porter4371.1%+ 14.1%26n/an/an/an/a3126Mazda CX-54331.0%– 18.9%271,9171.0%+ 2.5%262627Toyota Vios4321.0%+ 62.4%252,2221.2%+ 17.6%221728Ford Kuga4211.0%– 27.3%17n/an/an/an/a1529MG ZS3971.0%n/a202,8121.5%#DIV/0!164730Toyota Crown3830.9%+ 188.0%441,1550.6%+ 228.1%325931Honda Fit3740.9%+ 15.4%281,9581.0%+ 24.3%252332Kia Sportage3690.9%+ 95.2%302,2091.2%+ 198.1%233833Lexus UX3500.8%– 36.1%291,7010.9%– 31.4%282534Toyota Sienta3120.8%– 22.2%n/an/an/an/an/a2235Mercedes GLE Class3030.7%n/a401,0360.5%+ 41.0%374836Nissan Sentra2990.7%– 39.8%231,9701.0%– 11.7%242937Mazda CX-602830.7%new411,1480.6%new33n/a38Mazda32660.6%– 30.7%471,2370.6%– 29.2%303039Volvo XC402630.6%– 4.4%361,8561.0%+ 149.5%273640Mitsubishi Colt Plus2500.6%– 41.7%n/a7410.4%– 52.4%453241VW Golf2320.6%+ 1.3%391,0120.5%+ 14.7%394142BMW iX22250.5%newn/an/an/anewn/an/a43VW Tiguan2250.5%– 75.7%461,1220.6%– 44.9%342444VW T-Roc2160.5%n/an/an/an/an/an/a4045Mazda CX-302120.5%+ 20.5%529370.5%– 37.4%423946Suzuki Jimny2050.5%n/a48n/an/an/an/an/a47Skoda Octavia1980.5%+ 13.8%321,0940.6%+ 94.3%354548Mercedes E Class1970.5%+ 53.9%359920.5%+ 19.2%405749Toyota Camry1960.5%– 34.0%421,0610.6%– 38.9%363750Lexus LBX1920.5%new34n/an/anewn/an/a51Mercedes C Class1750.4%– 2.8%451,0220.5%– 29.2%384252Mercedes V Class1740.4%– 10.3%507960.4%#VALUE!44n/a53Hyundai Venue1660.4%– 43.5%381,3040.7%– 31.0%293454Lexus ES1660.4%– 44.5%519700.5%– 36.8%413555Kia Carnival1620.4%– 66.5%556640.3%– 16.2%485056BMW X11540.4%n/a43n/an/an/an/an/a57Porsche Macan1460.4%– 34.5%n/an/an/an/an/an/a58Toyota Granvia1460.4%– 42.1%n/a2750.1%– 50.5%n/an/a59Tesla Model X1450.3%+ 2800.0%n/an/an/an/an/a5360Suzuki Swift1450.3%– 35.8%371,2160.6%– 7.2%313361Skoda Kodiaq1450.3%– 37.8%595510.3%– 23.6%5049

Source: U-Car