CAMPI: Philippine Vehicle Sales Seen to Recover in 2012

Vehicle sales are seen rising by double digits this year as supply comes back by the second quarter of the year, according to Tatsuya Natsume, president and general manager of Honda Cars Philippines Inc. (HCPI) at the sidelines of the launch Tuesday night of the new…

Local Vehicles and Parts Manufacturers Asks for Plan for Increase in ASEAN Market Share

The local vehicle and parts manufacturing sector has sought government help in crafting a strategic expansion plan that will allow it to achieve economies of scale and capture a significant share in the Association of Southeast Asian Nations (Asean) single market starting 2015.

“Auto and parts manufacturing in the Philippines is both viable and sustainable. An ambitious but realistic…

Campi Report: Local Auto Industry Struggled in 2011

The past year was not very kind to the auto industry, with two major disasters—a devastating earthquake and massive flooding—dealing the sector one blow after the other in just a matter of months.

Still reeling from the effects of the March 2011 earthquake that caused a tsunami…

Toyota Philippines Stays on Top Despite 4% Fall in Sales

Toyota Motor Philippines Corp. held on to its position as the the country’s No. 1 automaker, despite selling fewer vehicles in 2011.

According to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association of the Philippines continued to lead sales, Toyota’s sales dropped 4% to 54,593 units in 2011…

Philippine Auto Importers Expect Better Sales in 2012

Local vehicle importers expect sales to grow further next year on the back of strong consumer sentiment that will be sustained by faster economic growth.

The outlook, issued by the Association of Vehicle Importers and Distributors, Inc. (AVID), came as sales of foreign-built vehicles have fared better than their…

Increase Number of Foreign-Built Vehicles Sold Due to Christmas Spending

Sales of foreign-built vehicles have fared better than their locally assembled counterparts as the , Inc. (AVID) reported on Monday the slight growth in the last 11 months thanks to a pickup in holiday spending.

Aggregate sales last month grew 4% to 23,012 units from 22,187 for the same…

Local Auto Sales Fall by 1.9% in First 11 Months of 2011

The first 11 months of the year coming to an end was not kind for the Philippine auto industry.

A joint report of the Chamber of Automotive Manufacturers of the Philippines (Campi) and the Truck Manufacturers Association (TMA) revealed that car sales fell by 1.9 percent to…

Philippine Auto Sales Decline for First 11 Months of 2011

Total motor vehicle sales in the 11-month period this year declined 1.9 percent to 131,242 units in the same period last year largely pulled down by the significant decline in November sales as the flooding in the Thailand took its toll on the local supply, the…

Philippine Vehicle Sales Down 4.1% in First 8 Months

The local automotive industry reported a decline in sales for the first eight months of the year due to the effects of the disasters in Japan that limited the production and supply of some models.

The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the…

Local Market Vehicle Sales Decline 4% in January-July 2011

Sales of the local auto industry declined by four percent during the first seven months of the year from a year ago as the industry continues to grapple with the after effects of the twin disasters in Japan.

Joint data released by the Chamber of Automotive Manufacturers…