Car sales took a big hit last year
Did you happen to buy a car last year? If yes, then a good pat on the back is in order, because you helped keep the local auto industry afloat during arguably the harshest downturn it's ever faced.According to data
by Drei Laurel
See how the world of motoring has fared in the first few days of 2021
Likens move to ‘pulling the rug from under the auto sector’
Yesterday, the Department of Trade and Industry (DTI) announced the implementation of provisional safeguard duties on car imports in the Philippines. The measure comes in the form of cash bonds amounting to P70,000 per unit for passenger cars, and P110,000
by Drei Laurel
The local auto industry’s recovery continues
By the end of the third quarter of 2020, data showed that the local automotive industry was already seeing some improvements in terms of sales. Now, a month into the last quarter of the year, it seems that the industry's recovery
Did you buy a car this year?
The numbers are in, and so far, things haven't been good as far as local car sales go. But there seems to be light at the end of the tunnel.According to data provided by the Chamber of Automotive Manufacturers of
by Drei Laurel
It’s been a rough couple of months
If you want to get an idea of just how well the local auto industry is doing during the COVID-19 pandemic, you needn't look much further than its most successful player.We've just gotten our best look at Toyota
by Drei Laurel
The new ruling will ease vehicle imports and exports in the region
The Philippine automobile industry is embracing a landmark agreement by members of the Association of Southeast Asian Nations (ASEAN) that eases testing regulations on automotive products in the region.In a statement released to Esquire Philippines, the Chamber of Automotive Manufacturers Association
“The local industry is reeling from this invisible enemy”
The past few months haven't been a good look for the local automotive industry.According to the latest sales data from the Association of Vehicle Importers and Distributors (AVID), its 20 members sold only 14,404 units in the first quarter
by Drei Laurel
Not a good look for the industry
The local automotive industry is off to a rough start for 2020.According to figures collected by the Association of Vehicle Importers and Distributors (AVID), sales across all segments-passenger cars, light commercial vehicles (LCV), and commercial vehicles-are down in January
by Drei Laurel
How is your car brand doing this year?
The Chamber of Automotive Manufacturers of the Philippines (CAMPI) numbers for the first half of 2019 are in...and it's a mixed bag.Industry sales are up by 1.46% compared to the same period in 2018, but a few segments
by Drei Laurel
No surprises here
To confirm what we all saw coming, fewer people are buying new cars this year versus in 2017, due to higher excise taxes, rising inflation, and increasing fuel prices.As of June 2018, Philippine vehicle sales have hit an industry total of
Probably fueled by excise tax fears
If local carmakers are apprehensive about the possible excise tax increase, they must get a little comfort in the fact that they're raking it in now.According to the combined reports of the Association of Vehicle Importers and Distributors (AVID) and
by Dinzo Tabamo
It depends on who you ask
Unless you've been living under a rock, you should be aware that there is an ongoing proposal to increase the excise taxes on cars sold in the Philippines. We've already shared with you how this proposal could affect vehicle prices.
by Jason Tulio
An impressive year for the industry
We want to start with an explanation. You should be reading this sales report more than a year ago, and much more frequently. Well, somewhere along the line, it became more difficult procuring the numbers needed to compile a monthly report.As
by Dinzo Tabamo
Know what these are
The Association of Vehicle Importers and Distributors held its fourth Thought Leadership Forum today to talk about the planned ASEAN regional integration in 2015. With the regional organization hoping to establish a "free movement of goods, services, investment, skilled labor, and freer
Combined CAMPI and AVID numbers
Below are the industry-wide sales numbers for March 2014, compiled from the reports of the Chamber of Automotive Manufacturers of the Philippines and the Association of Vehicle Importers and Distributors. Also included are the figures from the same month last year
Combined CAMPI and AVID numbers
Below are the industry-wide sales numbers for February 2014, compiled from the reports of the Chamber of Automotive Manufacturers of the Philippines and the Association of Vehicle Importers and Distributors. Also included are the figures from the same month last year
Combined CAMPI and AVID numbers
Below are the industry-wide sales numbers for January 2014, compiled from the reports of the Chamber of Automotive Manufacturers of the Philippines and the Association of Vehicle Importers and Distributors. We've now also included the figures from the same month
Combined CAMPI and AVID numbers
Below are the industry-wide sales numbers for December 2013, compiled from the reports of the Chamber of Automotive Manufacturers of the Philippines and the Association of Vehicle Importers and Distributors. A few notes on the report:* As confidently projected by Toyota
Combined CAMPI and AVID numbers
Below are the industry-wide sales numbers for November 2013, compiled from the reports of the Chamber of Automotive Manufacturers of the Philippines and the Association of Vehicle Importers and Distributors. A few notes on the report:* Toyota is less than 7,
