Carmaker Yulon of Taiwan Sees Aug. Revenue Climb 26% YoY

Thanks to strong sales of its own line of Luxgens in Taiwan and China, Yulon Motor Co. registered revenue of NT$9.83 billion (US$327.5 million) in August, up 26% YoY or year-on-year.

In the first eight months, Yulon Motor, assembler of Nissans and Luxgens, as well as flagship firm of the Yulon Group, had cumulative revenue of NT$75.7 billion (US$2.52 billion), up 32.3% YoY.

In August, sales of Luxgens in Taiwan increased 150% YoY; while that in China (Luxgens are assembled and vended in China by Dongfeng Yulon Motor Co., Ltd., a joint venture between Yulon and Chinese automaker Dongfeng) doubled to 6,000 units (3,000 in the same period of 2013).

Yulon Nissan Motor Co., a Yulon-Group affiliate and Taiwan's agent of Nissan and Infiniti, reported  August revenue of NT$2.01 billion (US$67 million), up 1.2% YoY, and cumulative revenue in the first eight months of NT$23.81 billion (US$793.5 million), up 21.5% YoY.

Hotai Motor Co. Ltd., Taiwan's agent of Toyota and Lexus, reported August revenue of NT$10.1 billion (US$336.7 million), up 4.9% YoY, and first-eight-month revenue of NT$105.96 billion (US$3.5 billion), up 10.1% YoY.

Sanyang Industry Co., Ltd., Taiwan's assembler of Hyundais, had August revenue of NT$2.9 billion (US$98.13 million), up 12.5% YoY; and cumulative revenue in the first eight months of NT$24.94 billion (US$831.2 million), a 21.5% YoY increase.

Taiwan-listed carmakers look to rising sales for the rest of the year, the traditional peak in Taiwan.