TAIPEI -- Sales of new cars here fell by 17.4% in 2001 to 347,000 from more than 400,000 in the prior year. China Motor Corp. held its grip on first place among Taiwan's auto makers, with sales of 78,700 units, followed by Yulon Motor Co. ltd. and Ford Lio Ho Motor Co. Ltd. Sales of imported cars slid by 11.5%. Imports from the U.S. and South Korea fared the worst with declines of nearly 30%. The government-funded Industrial Technology Research Institute predicts sales of new cars ...
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