The Taiwan Industrial Economics and Knowledge Research Center (IEK) forecast Wednesday that the production value of finished cars in the second quarter of this year will decrease by 18 percent to NT$35.92 billion (US$1.24 billion) compared with the first quarter as a result of the recession and domestic oil and car price increases.
(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)
Latest
- Culture
Causeway Bay Books to close 'temporarily' as owner faces health issues
06/09/2026 08:45 PM - Business
Hon Hai, Brookfield to invest in renewable energy in Vietnam
06/09/2026 08:34 PM - Politics
Hsiao inspects Taiwan-aided fisheries, tourism projects in Palau
06/09/2026 08:02 PM - Society
COVID-19 cases rise for 3rd straight week in Taiwan: CDC
06/09/2026 07:35 PM - Business
Taiwan's exports hit 2nd highest level in May on AI boom
06/09/2026 07:02 PM