BMW Announces its Largest Recall Ever Involving 1.3 million Cars; Local Distributor Addresses Issue
BMW will recall 1.3 million luxury cars, including 367,000 in the US, because of a potential problem with a battery cable connector. It is BMW’s largest recall ever, company officials said, and it is big by industry standards, rivaling some of the... more
Toyota Philippines Bullish on Philippine Auto Sales Prospects
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
Imported Vehicle Sales Widen Gap vs Philippine-Assembled Units
THE GAP between locally assembled and imported vehicles have widened last year with the latter taking almost three-fifths of the domestic market due to the late but severe supply chain disruption in Thailand. Completely built units (CBU) shipped from... more
Philippine Auto Sales Plummets in January 2012
The first month of 2012 was a bad one for the Philippine car industry. A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. and Truck Manufacturers Association showed that vehicle sales in January fell by 24.9 percent to... more
Philippine Auto Sales Plummet in January 2012
The first month of 2012 was a bad one for the Philippine car industry. A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. and Truck Manufacturers Association showed that vehicle sales in January fell by 24.9 percent to... more
CAMPI Supports Recrafting of National Vehicle Program
The local automotive sector is calling for the re-crafting of the new Motor Vehicle Development Program (MVDP) to set the policy directions of the industry. The industry, meantime, is optimistic that total demand for brand new vehicles will further i... more
Isuzu Philippines Maintains Firm Grip on Local Truck Market
Last year proved momentous for the N-Series as the light-duty truck model from Isuzu Philippines Corp. topped the sales chart released by the Truck Manufacturers Association and the Chamber of Automotive Manufacturers of the Philippines. Figures show... more
Kia Philippines Starts the 2012 with Strong Sales Growth
2012 promises to be a very good year for KIA as the Chamber of Automotive Manufacturers of the Philippines, Inc (CAMPI) released the industry sales records as of January of this year. Other car manufacturers suffered major losses in sales as a result... more
CAMPI: Formal Auto Sales in Philippines Down by 3.1% in 2011
The overall formal automotive sector in 2011 sold a total of 165,056 units, 3.1 percent lower than the 170,348 units in 2010 pulled by the earthquake in Japan and the flooding in Thailand that disrupted global auto supply chain. A market penetration... more
New Car Sales in Philippines Down 24.9% in January 2012
New vehicle sales in the Philippines fell 24.9 percent in January to 8,296 units, from 11,050 a year earlier Chamber of Automotive Manufacturers of the Philippines told inautonews. According to the same source, passenger car sales showed significant... more
Isuzu Philippines Sustains Lead in Light-Duty Truck Sales
Isuzu Philippines Corp. (IPC) sustained its authority in diesel-powered vehicles as it posted steady sales for its model lineup in 2011, with the Isuzu N-Series light-duty truck topping its segment. Figures released by the Truck Manufacturers Associa... more
Mitusbishi Motors Philippines Maintains Steady Growth Despite Challenges
FOR the fifth straight year since 2006, Mitsubishi Motors Philippines Corp. has continued to experience steady positive growth. Despite last year’s challenges – the earthquake and tsunami that had hit Japan in the early part of 2011 and the massi... more
Isuzu Philippines Asserts Truck Segment Leadership
Isuzu Philippines Corporation (IPC) once again bolstered its position as the authority in diesel-powered vehicles as it posted steady sales for its model lineup in 2011, with the Isuzu N-Series light-duty truck topping its segment. Figures released b... more
Mitsubishi Philippines Eyes 12% Growth, to Launch Mirage this 2012
Mitsubishi Motor Philippines Corp. (MMPC) is optimistic that it will further improve its sales volume and market share as it is projecting a growth of 12 percent compared to its 2011 sales performance or 36,500 units. The increase will eventually com... more
Ford Philippines Claims Fastest-Growing Car Brand Title in the Country
The Blue Oval trademark has made Ford one of the world’s top brands, according to auto critic Giles Chapman. In 2004, Ford Motor was the 19th-most valuable brand, according to Businessweek magazine’s annual Global Brands Survey. Early this year,... more
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