Volvo Taiwan sees AI wealth lift economy, but not yet car demand

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Volvo Taiwan sees AI wealth lift economy, but not yet car demand

Volvo Car Taiwan acting president Eric Lin said on Sept. 30 that Taiwan's economy is improving on the back of the AI boom, but that the wealth gains are unlikely to translate into stronger car sales in the near term. He said the market is expected to stay flat in 2026 and turn more cautious in 2027.

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