TAIPEI – Taiwan’s automotive industry is experiencing its worst year in more than a decade, with sales of new passenger cars during the first 11 months plunging 29.3% from like-2005. Projections for full-year sales call for a decline of more than 30%, as analysts predict the market could fall short of 360,000 units – far below last year’s record 510,000 vehicles. Ford Lio Ho Motor Co. Ltd. has been the worst performer through November, with deliveries plummeting 45.0% to 28,525 units. ...
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