With Toyota Motor Philippines leading the charge
Prevailing excise tax rates range from 4% to 50%
Higher pickup prices loom on the horizon after President Ferdinand Marcos Jr. signed Senate Bill No. 2865, known as the Capital Market Efficiency Promotion Act (CMEPA), on May 29, 2025. The legislation was approved with partial vetoes, but the removal of the
Did your local dealership win an award?
Toyota Motor Philippines (TMP) gathered its nationwide dealer network to recognize its collective efforts and achievements in 2024. Last year saw the Japanese carmaker remain the top automotive brand in the country, commanding almost 50% of the total market. That impressive result
by Billy Caluag
467,252 units were sold in 2024
The Chamber of Automotive Manufacturers of the Philippines (CAMPI) has announced its overall sales target for 2025. After selling 467,252 units in 2024, CAMPI aims to hit the 500,000 mark by the end of this year. The goal was made
by Billy Caluag
Our market loves seven-seaters, after all
Mitsubishi Motors Corporation (MMC) is committing to a P7 billion investment plan in the Philippines over the next five years, including the production of a new model at the Mitsubishi Motors Philippines (MMPC) plant in Santa Rosa, Laguna.The pledge was formalized
It will be the ninth edition of the event
It's official: The 2024 staging of the Philippine International Motor Show (PIMS) is set for October 24 to 27, 2024. This is the ninth edition of the event, which is organized by the Chamber of Automotive Manufacturers of the Philippines (CAMPI).
That’s equivalent to a record 20% market share in a single month
Looks like the force is with Mitsubishi: In July 2024, Mitsubishi Motors Philippines achieved its best-ever sales in a single month, with exactly 8,000 units sold.This was announced by Toshiaki Kato, the Japanese carmaker's executive vice president for
With a claimed 400km range on a single charge
Mention 'AUV' or Asian utility vehicle and 'Harabas' is one of the first names to come to mind. It's equal parts vehicle name and virtually any type of vehicle that's used primarily as a workhorse-pang-harabas, in other words.
We all know which models did the heavy lifting
It was nine years ago when Toyota Motor Philippines (TMP) first breached the 100,000 sales mark. Not even a decade later, that number has doubled. The exact figure is 200,031 units. You can almost feel the collective effort of TMP'
by Dinzo Tabamo
People are still hungry for new vehicles
The hunger for new automobiles in our market seems far from sated. According to the latest numbers from the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) that covers the first half of 2023, sales grew
by Dinzo Tabamo
And here we go
Earlier this year, the Department of Finance (DOF) proposed a series of measures aimed at gradually alleviating the country's growing debt-among them, the removal of the excise tax exemption for pickups.Well, it appears this will soon be more than
by Drei Laurel
That’s good for a 19.5% increase compared with May 2021’s figures
The local automotive industry has bounced back in terms of sales at least last month. According to the latest data from the Chamber of Automotive Manufacturers of the Philippines (CAMPI), a total of 26,370 units were sold in May 2022, up
At this rate, the industry is set to surpass last year’s total vehicle sales
At the end of Q3, the numbers indicated that there was a chance that total vehicle sales this year would surpass that of last year. Now, it appears that's really about to be the case.According to the latest joint report
The association just recorded a 19% month-on-month dip
It seems the local automotive industry took a significant hit last month. According to the Association of Vehicle Importers and Distributors (AVID), sales in August dipped further by 19% after seeing a 2% decline in July.There were only 3,919 units
But the target growth for 2021 is still achievable
We went into August knowing that the reimposition of enhanced community quarantine (ECQ) could rapidly undo all the small, sometimes faltering steps we've taken toward recovery. Well, now we know how much the lockdown has curtailed the local automotive industry's
A slight setback in the industry’s recovery
July sales numbers from the Association of Vehicle Importers and Distributors (AVID) are in, and while the report shows a slight decline for both year-on-year and month-on-month performance, total sales so far in 2021 are a big improvement
As COVID-19 cases surge, carmakers have to weather a dip in sales
A mix of good and not-so-good news from the Chamber of Automotive Manufacturers of the Philippines (CAMPI) this month: While the carmakers' group and the Truck Manufacturers Association (TMA) registered a 4.7% sales increase in July 2021 compared with
“The problem is that there isn’t much local manufacturing left to save”
It was shocking news to wake up to, on the first work week of the year, when the Department of Trade and Industry (DTI) announced that it would be slapping an additional P70,000-P110,000 bond on imported vehicles to preserve
by Niky Tamayo
See how the world of motoring has fared in the first few days of 2021
The measure will take effect for 200 days starting January 20, 2021
Big news for the local automotive industry to start off 2021: The Department of Trade and Industry (DTI) has announced that it will impose certain cash bonds on imported vehicles as provisional safeguard duties.This decision comes as a response to the
An interview with Honda PH spokesperson Atty. Louie Soriano
It feels like a distant memory now, but before the coronavirus threw everything into chaos, Honda Cars Philippines, Incorporated (HCPI) was getting some heat for closing down its local factory. Its Sta. Rosa facility used to churn out City sedans and BR-
by Dinzo Tabamo
