Local Hyundai Auto Sales Climb in February 2012
The local arm of Hyundai Motor Co. grew sales by nearly 50% in the first two months versus year-ago levels, a statement released yesterday showed. Sales up to February rose by 47% to 4,522 units from 3,079 for the same period last year as passenger c... more
Local Vehicle Sales Recover in February 2012
Total motor vehicle sales increased by 28.7 percent in February from the previous month due to supply recovery of major players but year-to-date sales decreased by 15.7 percent compared with the same period last year, the Chamber of Automotive Manufa... more
CAMPI: Local Vehicle Sales Dipped 6.9% in February 2012
Car sales fell 6.9 percent in February from a year ago, because of weak seasonal demand coupled with the lingering effects of the supply disruptions due to Thailand floods last year, the Chamber of Automotive Manufacturers of the Philippines Inc. rep... 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
Chevrolet Philippines Opens Mandaue Showroom, to Boost Sales with New Models
Philippine Chevrolet distributor The Covenant Car Company Inc. (TCCCI) said it aims to boost its car sales from 2,800 units in 2011 to 5,000 this year, on the back of the country’s thriving economy and the company’s introduction of new car models... more
Hyundai Recovering Midst Fall in Local Vehicles Sales
Hyundai Asia Resources Inc. (HARI), is showing remarkable recovery despite the 3.1% fall in total sales of vehicles, imported and locally assembled in 2011. The industry chalked up sales of 165,056 units in 2011, tipping record sales posted in 1996 f... 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
CAMPI: Philippine Vehicle Sales Seen to Recover in 2012
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
Local Vehicles and Parts Manufacturers Asks for Plan for Increase in ASEAN Market Share
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
Campi Report: Local Auto Industry Struggled in 2011
The past year was not very kind to the auto industry, with two major disasters—a devastating earthquake and massive flooding—dealing the sector one blow after the other in just a matter of months. Still reeling from the effects of the March 2011... more
Toyota Philippines Stays on Top Despite 4% Fall in Sales
Toyota Motor Philippines Corp. held on to its position as the the country’s No. 1 automaker, despite selling fewer vehicles in 2011. According to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Ma... more
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