Imported Vehicle Sales in the Philippines Up 4% in 2011

Sales of imported vehicles rose to 24,880 units last year, 4 percent higher than the 23,986 units sold in 2010, figures released by the Association of Vehicle Importers and Distributors (Avid) showed.

Avid President Maria Fe Perez-Agudo said the December sales of car importers also grew by 4 percent…

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…

Chevrolet Philippines Celebrates 100 years in a Grand Auto Event

In celebration of Chevrolet’s 100th birthday, Chevrolet Philippines pulled out all the stops to offer the Philippine market the best easy ownership plans, freebies, prizes, exciting car launches and a sneak peek at the newest Pickup Truck to say “thanks” on behalf of Chevrolet Philippines – The Covenant Car Company, Inc. (TCCCI) – exclusive importer and distributor of…

Best of Philippine Automotive Aftermarket Industry at the Manila Auto Salon 2011

The Philippines’ largest automotive aftermarket show offers the best of the industry at the 2011 MANILA AUTO SALON on November 24 – 27 to be held at the SMX Convention Center in Mall of Asia. Over 100 new restyled and customized project vehicles will be on display together with trade and retail booths by the leading…

Honda Cars Philippines Reduces Number of Recalled Vehicles

Honda Cars Philippines Inc. (HCPI) has reduced the number of Jazz and CRV units that they are recalling by 4,620 units after it realized that these units have different design of power window master switch.

Last Monday, Honda announced the voluntary recall of 19,143 units of combined year. 2005-2007 Honda Jazz, year 2006-2008 City and year 2005-2008 CR-V models…

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 Auto Firms Report Slow Growth in First Four Months of 2011

Almost three months since Japan suffered a 9.0-magnitude earthquake, a tsunami, and a near nuclear disaster, inventories of crucial car supplies—from computer chips to paint pigments—are still not enough as Japanese factories that make them are not yet running at full capacity.

This has made quite an…

Chery Motors Philippnes to Open Local Assembly Plant

Chery Motors Philippines Inc. (CMPI), the exclusive distributor of China’s Chery cars, will open an assembly plant in the country, company officials said.

The facility will produce cars for the Philippines and other Asian countries.

CMPI chief executive officer Si-Chung Chang yesterday said the local assembly will start small and then expand later. He said that if…

Local Car Firms Ask Government to Lower Excise Tax

The local auto industry is asking the government to help local car manufacturers by lowering excise taxes, making permanent investment incentives and buying locally assembled vehicles.

In a press briefing on Thursday, Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) president Elizabeth H. Lee said there is a need to strengthen the completely knocked down…