RP car sales up 4.6 percent in May

by Anna Barbara L. Lorenzo | Jun 7, 2009

The Philippine car industry kept its head afloat with higher month-on-month sales in May.

Data from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) showed car sales hit 10,450 units last month, 4.6 percent higher than the sales made in April.

"The increase in May sales continues to validate the relative confidence of consumers in the market where they continue to purchase vehicles," CAMPI president Elizabeth H. Lee said in a statement.

Lee attributed higher sales in May to promotions offered by car companies and financing firms.

She added fleet delivery also boosted sales in the local market.

Despite a still-rosy month-on-month number, CAMPI figures showed year-to-date industry performance is down 3.7 percent.

The industry sold 49,002 units from January to May, lower than sales of 50,883 units in the same period last year.

Passenger car sales rose 2.3 percent at 17,562 units in the first five months of the year.

Commercial vehicle sales, on the other hand, fell 6.7 percent to 31,440 units.

Toyota Motors Philippines continued to dominate the auto industry with a 34.9 percent market share.

Toyota sold a total of 17,080 units from January to May. It is followed by Mitsubishi Motors Philippines with 8,750 units and Honda Cars Philippines with 7,164 units.

 

PHILIPPINE AUTO INDUSTRY REPORT as of MAY 2009
Ranking CAR COMPANY January to May 2009 January to May 2008 Percentage change Market share
12 Asian Carmakers Corp. (BMW) 201 275 -26.9 0.40%
8 Columbian Autocar Corp. 1270 1496 -15.1 2.60%
15 Columbian Motors Corp. 102 133 -23.3 0.20%
17 Dreamco 23 15 53.3 0.00%
6 Ford Motor Company Phils. Inc. (+Mazda) 2160 3338 -21.8 5.30%
11 General Motors Automobiles Phils., Inc 648 1095 -40.8 1.30%
3 Honda Cars Philippines Inc. 7164 6518 9.9 14.60%
4 Hyundai Asia Resources, Inc. 4001 4174 -4.1 8.20%
5 Isuzu Philippines Corp. 3250 4298 -24.4 6.60%
18 MAN Automotive Concessionaires Corp. 4 5 -20 0.00%
2 Mitsubishi Motors Philippines Corp. 8750 6873 27.3 17.90%
10 Nissan Motor Philippines Inc. 719 1135 -36.7 1.50%
13 PGA Cars, Inc. (Porsche/Audi) 121 84 44 0.20%
15 Pilipinas Hino Inc 102 197 -48.2 0.20%
14 Scandinavian Motors Corp. (VOLVO) 105 112 -6.3 0.20%
9 Suzuki Phils., Inc. 916 849 7.9 1.90%
1 Toyota Motors Philippines Corp. 17080 18206 -6.2 34.90%
7 Universal Motors Corp. 1936 2080 -6.9 4.00%
Total sales 49002 50883 -3.7 100%

Source: CAMPI and the Truck Manufacturers Association

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