TAIPEI – Taiwan's new-car sales are off 27.9% so far this year, reaching just 261,233 units through the first eight months. August sales were especially disappointing, falling to 17,513 units, their lowest level in 15 years. Industry insiders blame this year's poor performance on soaring gasoline prices, a tightening of personal loan policies by most Taiwan banks and the perception by many Taiwan residents the economy is in a downturn. Ford Lio Ho Motor Co. Ltd. and China Motor Corp. ...
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