February, 2012

Imported Vehicle Sales Widen Gap vs Philippine-Assembled Units

Imported Vehicle Sales Widen Gap vs Philippine-Assembled Units

THE GAP between locally assembled and imported vehicles have widened last year with the latter taking almost three-fifths of the domestic market due to the late but severe supply chain disruption in Thailand.

Completely built units (CBU) shipped from abroad took 59.1% of the vehicle market with 97,545 units…

Teenage Mustang wrecker gets his Tosh.0 Web Redemption

Teenage Mustang wrecker gets his Tosh.0 Web Redemption

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If you managed to read that title without falling into the “Teenage Mutant Ninja Turtles” trap, congratulations. You aren’t a child of the…

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Philippine Auto Sales Plummet in January 2012

Philippine Auto Sales Plummet in January 2012

The first month of 2012 was a bad one for the Philippine car industry.

A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. and Truck Manufacturers Association showed that vehicle sales in January fell by 24.9 percent to 8,296 units from 11, 466…

CAMPI Supports Recrafting of National Vehicle Program

CAMPI Supports Recrafting of National Vehicle Program

The local automotive sector is calling for the re-crafting of the new Motor Vehicle Development Program (MVDP) to set the policy directions of the industry.

The industry, meantime, is optimistic that total demand for brand new vehicles will further increase this year given the improvement of supply…

Chevrolet Philippines Opens Mandaue Showroom, to Boost Sales with New Models

Chevrolet Philippines Opens Mandaue Showroom, to Boost Sales with New Models

Philippine Chevrolet distributor The Covenant Car Company Inc. (TCCCI) said it aims to boost its car sales from 2,800 units in 2011 to 5,000 this year, on the back of the country’s thriving economy and the company’s introduction of new car models within the year.

In an interview yesterday, TCCCI president and managing director…

Isuzu Philippines Maintains Firm Grip on Local Truck Market

Isuzu Philippines Maintains Firm Grip on Local Truck Market

Last year proved momentous for the N-Series as the light-duty truck model from Isuzu Philippines Corp. topped the sales chart released by the Truck Manufacturers Association and the Chamber of Automotive Manufacturers of the Philippines.

Figures showed that in 2011, the N-Series took a commanding 69.4 percent share of Category III (light-duty commercial truck) segment after selling 1,196 units from January…

Hyundai Recovering Midst Fall in Local Vehicles Sales

Hyundai Recovering Midst Fall in Local Vehicles Sales

Hyundai Asia Resources Inc. (HARI), is showing remarkable recovery despite the 3.1% fall in total sales of vehicles, imported and locally assembled in 2011.

The industry chalked up sales of 165,056 units in 2011, tipping record sales posted in 1996 from 170,348 in 2010. That year, sales rose almost 30 percent.

The year 2011 is the first…

Volvo Philippines Announces Volvo S60 and V60 get 5-Star Safety Ratings

Volvo Philippines Announces Volvo S60 and V60 get 5-Star Safety Ratings

VOLVO Philippines announced that the Volvo V60 received five stars and is named best car in the Large Family category in the 2011 Euro-NCAP rating. In the United States, the Volvo S60 achieved an overall five star NHTSA crash test rating.

“It is very good news that our aim to offer customers the safest cars on the market is…

CAMPI: Formal Auto Sales in Philippines Down by 3.1% in 2011

CAMPI: Formal Auto Sales in Philippines Down by 3.1% in 2011

The overall formal automotive sector in 2011 sold a total of 165,056 units, 3.1 percent lower than the 170,348 units in 2010 pulled by the earthquake in Japan and the flooding in Thailand that disrupted global auto supply chain.

A market penetration report representing combined sales from…

Kia Philippines Starts the 2012 with Strong Sales Growth

Kia Philippines Starts the 2012 with Strong Sales Growth

2012 promises to be a very good year for KIA as the Chamber of Automotive Manufacturers of the Philippines, Inc (CAMPI) released the industry sales records as of January of this year. Other car manufacturers suffered major losses in sales as a result of the natural disasters that occurred in 2011. One manufacturer had as much as a…

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