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
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
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
Samsung cell phone sales top 300 million units in 2011 for first time
For the first time in the South Korea-based electronics giant’s storied history, annual sales of Samsung’s cell phones have topped 300 million units, the company confirmed to Reuters. Samsung’s mobile phone sales in 2010 totalled about 280... more
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