Taiwan May 2024: Toyota monopolises Top 4, Luxgen n7 best-selling BEV again

The Luxgen n7 is the #1 BEV in Taiwan for the 2nd month running.

The Taiwanese new car market slides down -2.4% year-on-year in May to 41,477 sales. This means the year-to-date tally is now off -0.8% to 190,916. Atop the brands ranking, both Toyota (+5.6%) and Mercedes (+18.5%) defy the negative market with solid upticks. Lexus on the contrary underperforms at -17% to 6% share vs. 6.6% so far this year. BMW (+16.1%) excels and gains four spots on last month to land at #4. MG (+62.4%) continues its spectacular progression, with Tesla (+39.1%) and CMC (+3.1%) also solid.

The Toyota Corolla Cross (-19.8%) remains by far the favourite model in Taiwan despite a steep year-on-year all. In fact Toyota monopolises the Top 4 with the Town Ace (+35.5%) at #2, the RAV4 (+54.1%) at #3 and the new Yaris Cross at #5. The MG HS (+23.9%) is up year-on-year but drops two ranks on April to #5. The new Luxgen n7 is once again the best-selling BEV in Taiwan at #7 overall, just above the Tesla Model Y (-17.2%) at #9. 

Previous month: Taiwan April 2024: MG HS repeats at #3, Luxgen n7 up to #6

One year ago: Taiwan May 2023: Lexus, BMW highlight market up 37.4%

Full May 2024 Top 10 brands and Top 60 models below.

Taiwan May 2024 – brands:

Pos Brand May-24 % /23 Apr 2024 % /23 Pos FY23
1 Toyota 10,495 25.3% + 5.6% 1 49,778 26.1% – 1.3% 1 1
2 Mercedes 2,669 6.4% + 18.5% 3 11,627 6.1% + 6.4% 3 4
3 Lexus 2,501 6.0% – 17.0% 2 12,527 6.6% – 10.2% 2 3
4 BMW 2,190 5.3% + 16.1% 8 7,619 4.0% + 0.1% 9 9
5 Hyundai 2,041 4.9% – 0.1% 5 10,516 5.5% + 13.7% 5 6
6 Honda 2,033 4.9% – 17.8% 7 11,322 5.9% + 0.3% 4 2
7 Tesla 1,824 4.4% + 39.1% n/a n/a n/a n/a n/a n/a
8 MG 1,676 4.0% + 62.4% 4 10,020 5.2% + 158.0% 6 n/a
9 CMC 1,672 4.0% + 3.1% 9 8,733 4.6% + 10.2% 7 8
10 Nissan 1,600 3.9% – 11.7% 6 8,575 4.5% – 7.5% 8 5
n/a Mitsubishi 1,429 3.4% – 15.8% 10 6,543 3.4% – 9.7% 11 n/a

Taiwan May 2024 – models:

Pos Model May-24 % /23 Apr 2024 % /23 Pos FY23
1 Toyota Corolla Cross 2,347 5.7% – 19.8% 1 11,770 6.2% – 19.7% 1 1
2 Toyota Town Ace 1,855 4.5% + 35.5% 2 8,902 4.7% + 22.0% 2 4
3 Toyota RAV4 1,780 4.3% + 54.1% 4 8,084 4.2% + 42.4% 3 3
4 Toyota Yaris Cross 1,378 3.3% new 5 6,977 3.7% new 5 28
5 MG HS 1,279 3.1% + 23.9% 3 7,208 3.8% + 85.6% 4 9
6 Lexus NX 1,199 2.9% – 11.3% 7 5,475 2.9% – 12.6% 7 7
7 Luxgen n7 1,100 2.7% new 6 2,655 1.4% new 18 n/a
8 Honda CR-V 1,078 2.6% – 21.8% 10 6,175 3.2% – 11.5% 6 2
9 Tesla Model Y 1,063 2.6% – 17.2% n/a n/a n/a n/a n/a 10
10 CMC Veryca 1,046 2.5% – 9.4% 8 5,178 2.7% – 9.9% 8 6
11 Mercedes GLC Class 1,020 2.5% + 138.9% 21 3,403 1.8% + 46.7% 12 16
12 Toyota Corolla Altis 981 2.4% – 19.0% 9 4,920 2.6% – 26.9% 9 5
13 Hyundai Tucson 820 2.0% + 58.9% 13 4,024 2.1% + 81.3% 10 20
14 Mitsubishi Delica 695 1.7% – 5.7% 12 3,307 1.7% – 8.2% 13 13
15 Ford Focus 631 1.5% – 53.3% 16 3,196 1.7% – 46.1% 14 8
16 CMC Zinger 626 1.5% + 34.0% 14 3,555 1.9% + 64.3% 11 21
17 Nissan Kicks 607 1.5% – 25.1% 15 2,583 1.4% – 40.3% 20 11
18 Tesla Model 3 559 1.3% + 2695.0% n/a n/a n/a n/a n/a n/a
19 Honda HR-V 519 1.3% – 31.5% 22 2,736 1.4% + 7.0% 17 14
20 Lexus RX 470 1.1% – 19.5% 19 2,464 1.3% – 8.2% 21 18
21 Hyundai Custin 463 1.1% – 32.3% 18 2,596 1.4% – 1.1% 19 19
22 BMW iX1 451 1.1% + 95.2% n/a n/a n/a n/a n/a n/a
23 Nissan X-Trail 450 1.1% + 214.7% 11 2,970 1.6% + 350.7% 15 27
24 Toyota Sienna 448 1.1% n/a 31 n/a n/a n/a n/a n/a
25 Hyundai Porter 437 1.1% + 14.1% 26 n/a n/a n/a n/a 31
26 Mazda CX-5 433 1.0% – 18.9% 27 1,917 1.0% + 2.5% 26 26
27 Toyota Vios 432 1.0% + 62.4% 25 2,222 1.2% + 17.6% 22 17
28 Ford Kuga 421 1.0% – 27.3% 17 n/a n/a n/a n/a 15
29 MG ZS 397 1.0% n/a 20 2,812 1.5% #DIV/0! 16 47
30 Toyota Crown 383 0.9% + 188.0% 44 1,155 0.6% + 228.1% 32 59
31 Honda Fit 374 0.9% + 15.4% 28 1,958 1.0% + 24.3% 25 23
32 Kia Sportage 369 0.9% + 95.2% 30 2,209 1.2% + 198.1% 23 38
33 Lexus UX 350 0.8% – 36.1% 29 1,701 0.9% – 31.4% 28 25
34 Toyota Sienta 312 0.8% – 22.2% n/a n/a n/a n/a n/a 22
35 Mercedes GLE Class 303 0.7% n/a 40 1,036 0.5% + 41.0% 37 48
36 Nissan Sentra 299 0.7% – 39.8% 23 1,970 1.0% – 11.7% 24 29
37 Mazda CX-60 283 0.7% new 41 1,148 0.6% new 33 n/a
38 Mazda3 266 0.6% – 30.7% 47 1,237 0.6% – 29.2% 30 30
39 Volvo XC40 263 0.6% – 4.4% 36 1,856 1.0% + 149.5% 27 36
40 Mitsubishi Colt Plus 250 0.6% – 41.7% n/a 741 0.4% – 52.4% 45 32
41 VW Golf 232 0.6% + 1.3% 39 1,012 0.5% + 14.7% 39 41
42 BMW iX2 225 0.5% new n/a n/a n/a new n/a n/a
43 VW Tiguan 225 0.5% – 75.7% 46 1,122 0.6% – 44.9% 34 24
44 VW T-Roc 216 0.5% n/a n/a n/a n/a n/a n/a 40
45 Mazda CX-30 212 0.5% + 20.5% 52 937 0.5% – 37.4% 42 39
46 Suzuki Jimny 205 0.5% n/a 48 n/a n/a n/a n/a n/a
47 Skoda Octavia 198 0.5% + 13.8% 32 1,094 0.6% + 94.3% 35 45
48 Mercedes E Class 197 0.5% + 53.9% 35 992 0.5% + 19.2% 40 57
49 Toyota Camry 196 0.5% – 34.0% 42 1,061 0.6% – 38.9% 36 37
50 Lexus LBX 192 0.5% new 34 n/a n/a new n/a n/a
51 Mercedes C Class 175 0.4% – 2.8% 45 1,022 0.5% – 29.2% 38 42
52 Mercedes V Class 174 0.4% – 10.3% 50 796 0.4% #VALUE! 44 n/a
53 Hyundai Venue 166 0.4% – 43.5% 38 1,304 0.7% – 31.0% 29 34
54 Lexus ES 166 0.4% – 44.5% 51 970 0.5% – 36.8% 41 35
55 Kia Carnival 162 0.4% – 66.5% 55 664 0.3% – 16.2% 48 50
56 BMW X1 154 0.4% n/a 43 n/a n/a n/a n/a n/a
57 Porsche Macan 146 0.4% – 34.5% n/a n/a n/a n/a n/a n/a
58 Toyota Granvia 146 0.4% – 42.1% n/a 275 0.1% – 50.5% n/a n/a
59 Tesla Model X 145 0.3% + 2800.0% n/a n/a n/a n/a n/a 53
60 Suzuki Swift 145 0.3% – 35.8% 37 1,216 0.6% – 7.2% 31 33
61 Skoda Kodiaq 145 0.3% – 37.8% 59 551 0.3% – 23.6% 50 49

Source: U-Car

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