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
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
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