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
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
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-
Call us odd, but we look at automotive sales figures the way Operators look at the Matrix. To most eyes, they're just random numbers and letters, but to us, they show a fascinating pattern. When we got the per-model breakdown
McLarens are rare here in the Philippines, at least compared with the likes of Ferraris, Lamborghinis, and Porsches. You can probably credit that to the fact that the British carmaker has yet to open a local dealership, whereas the other aforementioned supercar
Good news for fans of the 'unkillable' pickup. Toyota Motor Philippines (TMP) closed the first half of 2019 topping key market categories including the pickup segment, having sold a total of 10,554 units of its long-running top-seller Toyota Hilux.
It’s a sad day for the local manufacturing industry
We take pride in our local manufacturing industry, so it comes as a shock when we hear that a model will no longer be produced in the Philippines. The Isuzu D-Max midsize pickup is the latest to be given the axe.
Reputation is much easier to tear down than build up
In this fluctuating economic climate, one of our recurring dreams is that of opening our own car dealership. We can picture ourselves now: Our own boss, walking amid a sea of automobiles, the virtual sound of cash registers pinging in our ears.
Scroll through this list, and you'll begin to notice a pattern. You see, due to the implentation of the Tax Reform for Acceleration and Inclusion (TRAIN) law, vehicle prices across the board went up. Normally, this list would be all about
To call this past year-with the long-dreaded implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law-a challenging one would be a major understatement.The pre-TRAIN holiday car buying rush had finally come to a halt, and
The Philippine automotive world is filled with age-old stereotypes that refuse to die, from lady drivers to the supposed challenge of driving up to Baguio (even a Hyundai Eon can do it these days). One of the worst offenders that still
Last year, the Philippine automotive industry registered a record sales total of 320,677 units, up 20% from the previous year. And there are no signs of said industry sales abating in 2016. With all these chart-breaking sales figures from most
Ford Philippines is on a roll, for sure. In 2015, the American carmaker officially leapfrogged Hyundai for third place in our market in terms of sales, moving a total of 25,372 units--this after having been fifth overall just behind Honda
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