Is it time to pull the trigger on a brand-new truck?
Last week, the House Committee on Ways and Means approved the removal of the excise tax exemption for pickups, among other measures aimed at alleviating the country's debt problems. Worried? Don't worry, because so is the rest of the auto
Will this trend continue?
The local auto industry appears to be in a good place right now, all things considered.The latest numbers from the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and Truck Manufacturers Association (TMA) are in, and local sales continue to rise
Not bad
Will car sales trend downward as the Philippine peso continues to weaken? We don't know yet. What we do know is Filipinos will continue buying automobiles as long as they're able-as proven by the local auto industry's sales
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
No surprise there
The Philippine auto industry continues to improve its sales performance in 2022. For April, Chamber of Automotive Manufacturers of the Philippines (CAMPI) data shows a total of 25,149 vehicles sold-a 40.9% improvement compared to the same period last year.
A slight improvement over the previous year
Did you buy a brand-new car to kick off 2022? Then give yourself a pat on the back, because you just helped push the local auto industry to surpass its first-quarter tally from 2021.Chamber of Automotive Manufacturers of the
A source has confirmed this to Top Gear Philippines
The 2022 Manila International Auto Show (MIAS) was a huge success, with more than 120,000 attendees over the course of four days. Car shows are officially back, baby.But now that MIAS is over, all eyes now turn to the Chamber
The CAMPI-TMA report tallies 24,304 vehicles sold in February
It appears the Philippine automotive industry is starting to bounce back after a difficult start to the year in January. According to the latest report by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA), a
Toyota and Mitsubishi remain the top-selling brands in our market
The Philippine automotive industry took a huge hit in 2020 due to the COVID-19 pandemic. From 457,110 vehicles sold in 2019, the total dropped to a dismal 244,274 the following year.Now that 2021 has concluded, though, we have
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
At this rate, the industry could surpass last year’s total sales
After reflecting significant growth halfway through the year, the Philippine automotive industry continued its recovery in the third quarter of 2021.According to data from the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Association of Vehicle Importers and Distributors (
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
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
Keep on climbing
Don't let these sales numbers fool you-the country has a long way to go before we can move on from the COVID-19 pandemic. This is a sign, though, that the local auto industry is slowly but surely on the
What do you think of the commission’s findings?
Good news for local car importers: The Philippine Tariff Commission has just concluded its investigation into the Department of Trade and Industry's (DTI) safeguards on imported motor vehicles and is recommending that the measure should not be implemented.The DTI began
Did you buy a car recently?
A few days ago, the latest Chamber of Automotive Manufacturers of the Philippines (CAMPI) sales numbers came in showing a 23.6% month-on-month growth for member brands in the month of May 2021. Now, Association of Vehicle Importers and Distributors (
There were a total of 22,062 vehicles sold last month
The local automotive industry saw a significant dip in sales back in April due to the reintroduction of more stringent quarantine restrictions. Fortunately, as these lockdowns started easing up in May, the industry was able to bounce back a bit.According to
But at the same time, sales last month reflect a 13,315% year-on-year increase
Things may have been a bit rough for several businesses throughout the past month or so with the implementation of higher levels of community quarantine across the country, and it appears the Philippine automotive industry continues its recovery.According to the numbers
On a year-on-year basis
Local car manufacturers continue to struggle to move units under the new normal, but cumulative sales over the first quarter of 2021 have managed to surpass numbers from the same period the year prior.According to the latest Chamber of Automotive Manufacturers
A total of 20,702 vehicles were sold
The local automotive industry is still trying to get back on its feet this year. Unfortunately, after seeing some slight improvements in February, the industry has now posted significantly lower sales figures for March.According to data from the Chamber of Automotive
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