Yulon Motor: Oil Price Has Little Impact on Car Market, Second Half Promising if Q2 Stabilizes

Yulon Motor General Manager Yao Chen-hsiang stated that the tense Middle East situation and fluctuating international oil prices have little impact on Taiwan's car market, considering them short-term factors. If the market stabilizes in Q2, the second half of the year looks promising, with an estimated 420,000 new car registrations for the year.
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📋 Article Processing Timeline

  • 📰 Published: April 15, 2026 at 13:53
  • 🔍 Collected: April 15, 2026 at 14:01 (8 min after Published)
  • 🤖 AI Analyzed: April 15, 2026 at 19:51 (5h 49m after Collected)
Central News Agency

(Central News Agency reporter Chung Jung-feng, Taipei, 15th) Yulon Motor General Manager Yao Chen-hsiang said today that the tense situation in the Middle East and fluctuations in international oil prices have little impact on Taiwan's car market, and are short-term factors. If the performance stabilizes in the second quarter, the car market in the second half of the year can be expected to improve. Currently, it is estimated that new car registrations in Taiwan will reach 420,000 units this year.

Regarding US tariffs and US-spec vehicles, Yao Chen-hsiang said that the import trend of US-made and US-spec vehicles may only become clear after tariff policies are finalized. Currently, various brand car manufacturers have successively launched various plans to accelerate the sales momentum of US-made and European-spec vehicles in Taiwan.

Yulon Motor held a new car model launch conference this morning. After the conference, Yao Chen-hsiang accepted a brief interview with reporters. Observing the changes in the US-Iran war situation, Yao Chen-hsiang said, "Such a big event cannot end all at once." He analyzed that there will be a step for both sides to back down, gradually diluting the impact. Yao Chen-hsiang expects that the tense situation in the Middle East and fluctuations in international oil prices will gradually ease, and their impact on Taiwan's car market will gradually diminish.

Looking forward to Taiwan's car market performance this year, Yao Chen-hsiang pointed out that the market conditions in the first quarter were relatively slow. Looking at the overall market performance in the second quarter, if the second quarter stabilizes, Taiwan's car market has a chance to improve in the second half of the year, mainly because major brand car manufacturers will increase new car sales efforts and launch various promotional plans in the second half of the year. (Editor: Chang Chun-mao) 1150415

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FAQ

What is Yulon Motor's forecast for new car registrations in Taiwan this year?

Yulon Motor forecasts 420,000 new car registrations in Taiwan this year.