TAIPEI (Taiwan News) — Automaker Yulon Motor Co., Ltd. urged the government Wednesday to clarify tariffs and commodity tax policies to help revive Taiwan's car market.

During the first half of 2025, 198,000 new cars were registered, a 14.4% decline from the same period last year, Yulon Motor President Hsu Kuo-hsing (許國興) said at a virtual earnings conference. He noted that prospective buyers delayed purchases amid expectations of fluctuating prices caused by changing tariffs and taxes, per CNA.

Hsu said the conservative stance of consumers has weakened demand across the sector. Sales of internal combustion engine vehicles fell 20% in the first half of 2025 compared with last year, while EV sales dropped by nearly one third.

Yulon Group companies import and manufacture Nissan, Mitsubishi, and MG models and also produce Taiwan’s Luxgen brand. Foxtron Vehicle Technologies, its joint venture with Foxconn Technology Group, builds EVs.