Dear Valued Customers, We would like to take this opportunity to express our gratitude to all of you for your continuous support these years. The 134th Canton Fair is coming. On behalf of Guangdong Taiyao Automobile Technology Co., Ltd, we hereby invite you and your company representatives to visit our booth as follows.

New data reveals SUVs have swiftly become the most dominant segment in the European passenger vehicle market, now commanding 49% of total annual registrations as of 2022. This represents a huge 18 percentage point surge from 2011, when SUVs accounted for just 31% share.

The European new car market ended 2022 on a high note with a 12.8% increase in registrations in December, the fifth straight monthly gain. The major markets of Germany and Italy saw robust double-digit growth of 38.1% and 21% respectively in December. However, Spain declined 14.1% while France was nearly flat at -0.1% for the month.

The dedicated team at Guangdong Taiyao recently embarked on an amazing company trip to the beautiful seaside city of Yangjiang, Guangdong, China. The oceanfront journey provided an ideal team building getaway outside of the office.

New registration data reveals global passenger vehicle sales contracted 10.2% in 2022 compared to pre-pandemic 2019, as major automotive markets continue working to recover lost volume from COVID-19 disruptions.