Imported Auto Sales Rise in First Two Months of 2012
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
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 Considering Putting Up Manufacturing Plant in the Philippines
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
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