Export Forecast Revised As Japanese Carmakers Turn To Taiwan

BMI has revised its forecast for Taiwan's vehicle exports upwards after a record first half to the year, mostly led by Japanese brands looking to offset the strong yen by raising output and exports elsewhere. The Industrial Development Bureau (IDB) reported exports of 13,000 vehicles for H110, up on the usual annual average of 10,000 units for the first half of the year. Data from the Taiwan Transportation Vehicle Manufacturers Association shows that by the end of the September, this had risen to 22,078 units, compared with just 6,142 units in the first nine months of

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