TAIPEI – Sales of both buses and heavy-duty trucks here are forecast to rise at least 10% in 2005. The stronger demand is anticipated because the island is nearing the end of a 10- to 12-year replacement cycle, an official of Taiwan's Ministry of Transportation and Communications (MOTC) says. Sales agents say the peak year should have come in 2003, but the market was sluggish because Taiwan's economy was severely depressed and the government had just issued new, more stringent ...
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