Car sales up 36.6 percent as of May

Toyota, Mitsubishi, Hyundai lead the market
Jun 7, 2010

TopGear.com.ph Car News - Philippine Car Sales May 2010 

The local automotive industry continued to enjoy robust sales in May due to consumers' high appetite for passenger cars and commercial vehicles.

Data from the Chamber of Automotive Manufacturers in the Philippines, Inc. (CAMPI) showed sales last month reached 13,995 units, bringing the total car sales from January to May to 66,958 units. The sales figure for the first five months of the year is 36.6 percent higher than the sales booked in the same period last year.

Passenger car sales grew 29.8 percent while commercial vehicle sales ballooned by 40.5 percent in the past five months.

"The stronger-than-expected growth of over 40 percent for the commercial vehicle segment resulted in shortage of supply for some models," CAMPI president Elizabeth Lee said. "Supply is trying to keep up with the demand."

Bulk of the sales on the commercial vehicle side came from the segment for pickup trucks, sport-utility vehicles (SUV) and vans. Lee noted, however, that there was a shortage of supply for select light commercial vehicles resulting in the month-on-month decline for SUV and Asian utility vehicle sales.

"We continue to expect relatively robust sales for the year with supply trying to keep up with the rising demand," Lee added.

Toyota Motor Philippines continued to lord over the industry with total sales reaching 21,397 units in the first five months of the year. It is followed by Mitsubishi Motors Philippines with 12,891 units and Hyundai Asia Resources, Inc. with 7,803 units. 

 

Philippine car sales as of May 2010
YTD ranking Car company January to May 2010 January to May 2009 May 2010 May 2009
13 Asian Carmakers Corp. (BMW) 224 201 33 33
12 CATS Motors 335 Data unavailable 82 Data unavailable
8 Columbian Autocar Corp. 2,331 1,270 452 212
20 Columbian Motors Corp. 2 102 0 27
18 Dreamco 60 23 5 5
16 Focus Ventures, Inc.  128 Data unavailable 4 Data unavailable
6 Ford Motor Co. Philippines, Inc. (+Mazda) 3,693 2,610 744 506
11 The Covenant Car Company (Chevrolet) 730 648 150 135
4 Honda Cars Philippines, Inc.  7,373 7,164 1,483 1,288
3 Hyundai Asia Resources, Inc.  7,803 4,001 1,551 883
5 Isuzu Philippines Corp. 4,096 3,250 760 699
19 MAN Automotive Concessionaires Corp. 36 4 0 0
2 Mitsubishi Motors Philippines Corp. 12,891 8,750 2,703 2,005
10 Nissan Motor Philippines, Inc.  1,079 719 206 176
15 PGA Cars, Inc. (Porsche/Audi) 190 121 43 22
14 Pilipinas Hino, Inc.  217 102 49 31
17 Scandinavian Motors Corp. (Volvo) 121 105 23 24
9 Suzuki Philippines, Inc.  1,562 915 296 242
1 Toyota Motor Philippines Corp. 21,397 17,080 4,826 3,779
7 Universal Motors Corp.  2,690 1,936 584 383

Total cars sold 66,958 49,001 13,995 10,450
Data source: Joint CAMPI and Truck Manufacturers Association sales report

 

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