TAIPEI – Taiwanese new-car sales in April hit a two-decade low for the month, falling 7.7% from March to 20,189 units. Year-to-date, new-car deliveries are down 20.0% from like-2007 to 90,000 units. Last year, total new-vehicle sales declined 10.8% to 326,000 units, representing a 20-year low. Fears are growing that industry sales will fail to reach 300,000 units this year. Auto makers had been expecting to see an upturn in the market following the March 22 election of Ma Ying-jeou ...
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