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
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
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
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