News Videos
World
Breaking News, World News and Taiwan News.
About Us
E-Newsletter
Advertise
Contact Us
Breaking News:
Saturday, May 27, 2017
MOST READ
1
What does he know? Bosnian town defends Virgin sightings despite pope's doubt
2
Tom Cruise and Jolin Tsai had afternoon tea and she gave him an amazing cake
3
NT$10 billion-worth of heroin seized near Kinmen
4
There are rumors iPhone 8 testing is going badly and could mean a 3-month delay
5
Taiwan holds war games simulating Chinese island attack
More
 
  GLOBAL MARKETS 5-minute delay   
Source : Money DJ
特力屋
Asia News Network
starcruises

Hotai Motor's profits jump two-fold despite stagnant sales. How did they do it?

Hotai Motor's profits jump two-fold despite stagnant sales. How did they do it?
TAIPEI, Taiwan -- Over the past decade, Taiwan's yearly car sales have seen nearly zero growth. In an unfavorable environment, only one enterprise has posted a rise in profit, with growth that's about two-fold.

This company isn't a high-tech firm with an arsenal of unique technology, and it's not a manufacturing firm with iron-willed management.

It is Hotai Motor Co. (和泰汽車), whose cars richly populate Taiwan's roads.

With yearly revenue of NT$170 billion, Hotai Motor is Japanese automotive manufacturer Toyota's first overseas distributor. It has not only been ranked No. 1 in the automotive market for 15 consecutive years, but has also enjoyed a 30 percent market... 

EDITOR'S PICKS
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search
X