Yulon Nissan Plans Multiple New Models; China Motor Reports Good Progress on MG4 Localization

(CNA, Taipei, May 20, Reporter: Chung Jung-feng) Yulon Nissan Motor announced today that it plans to introduce 5 redesigned and 8 all-new models by 2028. The estimated sales target for NISSAN and INFINITI this year is 13,000 units, which is comparable to 2025. China Motor Corporation (CMC) noted that it continues to optimize the sales rhythm of the MG brand, and the progress on achieving the localization rate for the MG4 is good. A delivery plan will be announced as soon as approval is obtained. The Yulon Group, including Yulon, Yulon Nissan, and CMC, held a joint investor conference this afternoon. Regarding Q1 performance, Yulon Nissan pointed out that sales reached 2,751 units, a slight decrease of 0.3% compared to the same period in 2025, mainly due to market competition and the discontinuation of e-Power models. A push for locally produced models from March to April helped its market share recover. Looking ahead, Yulon Nissan stated it is launching the 'Nissan Re-shaping' brand plan and expects to release several facelifted models of both domestic and imported cars in the second half of this year, while evaluating the introduction of multiple new vehicle types. Yulon Nissan noted that the car market this year is still affected by war and geopolitical issues, rising international oil and raw material prices, and global economic instability. It expects Taiwan's car market sales to remain flat with 2025 levels this year, forecasting a sales target of 13,000 units for NISSAN and INFINITI, similar to 2025. Yulon Nissan plans to launch 2 redesigned models in Q3 and introduce a new crossover SUV equipped with 3rd generation e-Power technology in Q4. From this year to 2028, it expects to introduce 5 redesigned and 8 all-new models, and is considering negotiating with the Japanese automaker for local production of e-Power powertrain vehicles. CMC indicated that its Q1 sales grew against the trend compared to the same period in 2025, with an increased market share. Compared to Q4 2025, the growth rate exceeded 35%. For this year's sales target, CMC maintains its goal of 52,000 units for the full year. It will continue to optimize the MG brand's sales rhythm and restore momentum by launching special editions or new cars like the MG4. When asked by institutional investors about when the MG4's localization rate would be met for its market launch, CMC responded that it is currently under an inter-ministerial review by the competent authorities. The progress on the MG4's localization rate is good, and a delivery plan will be announced as soon as approval is obtained. (Editor: Lin Chia-hsien) 1150520