Auto Sales - Buzz Talk & News

Growth in imported motor vehicle sales jumped 41% in the first two months of the year over the same period last year buoyed by the strong performance in the passenger car segment in February. The Association of Vehicle Importers and Distributors (AVI... more

The local unit of Japanese carmaker Toyota is bullish about its sales prospects more than other car makers in the country. A few rivals have opted to relocate production of some of their models to Thailand citing high costs here, but Toyota said it w... more

Vehicle sales are seen rising by double digits this year as supply comes back by the second quarter of the year, according to Tatsuya Natsume, president and general manager of Honda Cars Philippines Inc. (HCPI) at the sidelines of the launch Tuesday... more

The local vehicle and parts manufacturing sector has sought government help in crafting a strategic expansion plan that will allow it to achieve economies of scale and capture a significant share in the Association of Southeast Asian Nations (Asean)... more

Car assembler Honda Cars Philippines Inc. wants to get back its top position in the country’s automotive market. HCPI President Tatsuya Natsume said he has set plans to “reclaim our rightful position in the Philippine automotive industry.” The... more

Local vehicle importers expect sales to grow further next year on the back of strong consumer sentiment that will be sustained by faster economic growth. The outlook, issued by the Association of Vehicle Importers and Distributors, Inc. (AVID), came... more

Sales of foreign-built vehicles have fared better than their locally assembled counterparts as the , Inc. (AVID) reported on Monday the slight growth in the last 11 months thanks to a pickup in holiday spending. Aggregate sales last month grew 4% to... more

For a car company that pays 30 per cent tariff on passenger vehicles but gets from the mother company subsidy in South Korea, Hyundai Asia Resources surprises competitors by slowly increasing its share of the market from 12 per cent when it started i... more

The Association of Vehicle Importers and Distributors (AVID) has galvanized the automotive industry for a coherent and competition policy at the 2nd Thought Leadership Forum (TLF), “Advancing Competition Policy for Business Sustainability”... more

The first 11 months of the year coming to an end was not kind for the Philippine auto industry. A joint report of the Chamber of Automotive Manufacturers of the Philippines (Campi) and the Truck Manufacturers Association (TMA) revealed that car sales... more

Total motor vehicle sales in the 11-month period this year declined 1.9 percent to 131,242 units in the same period last year largely pulled down by the significant decline in November sales as the flooding in the Thailand took its toll on the local... more

Bulk of the people from the auto industry expect the Philippines to be a 300,000-vehicle market by 2015, a review from the University of Asia as well as the Pacific (UA&P) on the auto trade showed. The same view was shared by Trade and Trade Secr... more

Korean auto manufacturer Hyundai is looking at building an automobile manufacturing plant in the country as part of its regional integration in the ASEAN. In an interview with reporters at the sidelines of yesterday’s Philippine Korea Business Foru... more