MIMS Automechanika Moscow 2018 kicked off from Aug. 27 to Aug. 30 at ExpoCentre in Moscow, where over 1,200 exhibitors from 40 countries around the world, occupying 40,000 sq meters of showroom space. The show was organized by ITEMF EXPO, founded by ITE, Automechanika Frankfurt and Messe Frankfurt. As the organizing team are well-respected and highly influential in Russia, Eastern Europe and C...

After nearly a half year of continued brisk growth, Taiwan’s two-wheeler sales slackened significantly in April, but are expected to have regained growth momentum for a couple of reasons. Based on the statistics of powered two-wheeler licenses issued by Motor Vehicles Office, a governmental unit under Taiwan’s Ministry of Transportation and Communications, sales of new powered two-wheelers dec...

With ever more competitors jumping on the electric-scooter bandwagon by working on production and promotion of their models in the Taiwanese market, Gogoro Inc., a Taiwan-based, globally prestigious branded supplier of this kind, continues to lead the market segment on the island, thanks partly to its high street cred. Following years of development, Gogoro has scored cumulative e-scooter sale...

With local demands for vehicles steadily surging on its persistently robust economic development over the past decade, India outpaced Germany as the fourth-biggest auto market in the world last year, further making it a forgone conclusion among market observers that the growth of the global auto industry will be led largely by emerging countries in the years to come. Society of Indian Automobi...

Benefiting from brisk auto sales in Southeast and South Asian countries like India and Indonesia, Taiwan’s major tire makers, including Cheng Shin Rubber Industrial Co., and Kenda Rubber Industrial Co., are likely to score robust business performance in the years to come. Cheng Shin, which chose India and Indonesia as the springboards to the global market, has been developing the tire market i...

With a population of more than 1.3 billion people, India has enjoyed robust economic growth over the past decade, which, in turn, has resulted in massive demands for fasteners for use in construction, mechanism, automotive and many other industries. To help Taiwanese fastener makers to tap the lucrative business opportunities, the fastener export promotion program “Taiwan Fastener Trade Mission t...

As in many other manufacturing sectors, Taiwan-based suppliers have tapped their seemingly endless potential to focus on improving production capability to outdo rivals, an advantage they have been maximizing as well in the auto engine parts and accessories field. The increased competition in the global market for engine parts has waken up Taiwan-based suppliers as to the considerable progress...

Compared to Taiwan’s anemic economic growth, the local light vehicle market has still expanded at solid pace so far this year, as reflected by the latest statistics compiled by Ministry of Transportation and Communications (MOTC) for May, when imports, however, posted negative growth. MOTC’s statistics show that Taiwan’s light vehicle sales totaled 34,953 units in May, up 8.4 percent month on ...

Continuing an uptrend in growth from 2013, when about 80 million units were sold, sales of new cars worldwide increased by 2.3 percent to reach a new record high of 87.28 million units in 2015, driven by robust demand from major markets like the U.S. and Western Europe; while sales in China, the world's largest automobile market continued to rise slightly, according to the Automotive Research & T...

Global sales of light-duty vehicles (LDVs) are expected to total more than 2.1 billion units from 2015 to 2035, according to a recent report from Navigant Research. The enormous dependency on crude oil derivatives in the LDV market has pushed governments worldwide to implement policies and programs that encourage the adoption of various fuel-efficient and alternative fuel technologies, however...