Philippine car sales up 6.4% in 2009

 
Image for car sales data December 2009

A merry Christmas in the local automotive industry resulted in better overall sales for carmakers in 2009, data from the Chamber of Automotive Manufacturers in the Philippines, Inc. (CAMPI) showed.

December sales reached a record of 13,596 units--the highest singular monthly sales in a ten years--seven percent better than sales in the same month last year.

This brought total sales for 2009 to 132,444 units, 6.4 percent higher than the number of vehicles sold in 2008.

"Stronger growth was due to higher replacement rate coupled with stronger than expected growth in OFW remittances and aggressive financing packages--which fueled consumption resulting to higher vehicle sales," CAMPI president Elizabeth H. Lee said.

It may be recalled that the local automotive industry was having a rather lackluster time particularly in the first half of 2009 when consumers held on to their cash amid the financial crisis.

Auto sales started to climb after typhoons Ondoy and Pepeng soaked up vehicles in September and October last year as motorists started buying new cars to replace flooded units. The last-quarter incident also prompted carmakers to offer various schemes to make brand-new car purchases easier on consumers' pockets.

CAMPI data showed more than 60 percent of the vehicles sold in 2009 were light commercial vehicles; 35 percent were passenger cars and another 35 percent were Asian utility vehicles.

Thirteen of the 18 members of CAMPI posted growth in sales. The top-selling brands of the year were Toyota, Mitsubishi, Honda, Hyundai, and Isuzu.

Lee said a possible adjustment of the 2010 forecast is under discussion among CAMPI members after the industry posted better-than-expected sales in 2009.

CAMPI earlier said car sales are expected to grow by four percent this year.

PSBank, one of the country's leading lenders catering to car buyers, expects car sales to rise by as much as ten percent this year

 

Philippine Car Sales as of December 2009
Ranking Car Company December 2009 December 2008 Percentage Change January to December 2009 January to December 2008 Percentage Change
12 Asian Carmakers Corp. (BMW) 76 25 204.0% 626 621 0.8%
8 Columbian Autocar Corp.
343 311 10.3% 3,761 4,405 -14.6%
14 Columbian Motors Corp. 32 32 0.0% 356 350 1.7%
17 Dreamco 16 3 433.3% 151 48 214.6%
6 Ford Motor Company Phils. Inc. (+Mazda) 1,017 677 58.2% 8,184 7,747 5.6%
11 General Motors Automobiles Phils., Inc 103 150 -31.3% 1,312 2,399 -45.3%
3 Honda Cars Philippines Inc. 1,330 741 79.5% 17,168 14,298 20.1%
4 Hyundai Asia Resources, Inc. 901 701 28.5% 11,086 10,203 8.7%
5 Isuzu Philippines Corp. 1,199 972 23.4% 9 10,101 -8.8%
18 MAN Automotive Concessionaires Corp. 0 3 -100.0% 21 21 0.0%
2 Mitsubishi Motors Philippines Corp. 2,432 1,555 56.4% 23,247 17,539 32.5%
10 Nissan Motor Philippines Inc. 272 224 21.4% 2,395 2,941 -18.6%
16 PGA Cars, Inc. (Porsche/Audi) 22 32 -31.3% 262 242 8.3%
13 Pilipinas Hino Inc. 138 44 213.6% 508 398 27.6%
15 Scandinavian Motors Corp. (VOLVO) 22 20 10.0% 263 250 5.2%
9 Suzuki Phils., Inc. 287 133 115.8% 2,627 2,182 20.4%
1 Toyota Motors Philippines Corp. 4,900 3,918 25.1% 46,193 45,915 0.6%
7 Universal Motors Corp. 452 344 31.4% 5,071 4,789 5.9%

TOTAL 13,596 9,855 37.5% 132,444 124,449 6.4%
Data source: Joint CAMPI and Truck Manufacturers Association sales report

 

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  • ninoy77 Jan 09 2010 @ 08:08am
    #1 toyota sa sales kasi madaming kumukuha ng vios at avanza nila bilang gawin taxi..kaya dyan sila nag #1 sa sales....whahahahahahahah
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