New vehicle sales jumped 23 percent in February—the fastest growth rate in seven months, according to the joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).
Showing posts with label CAMPI. Show all posts
Showing posts with label CAMPI. Show all posts
March 30, 2024
Last February, New Car Sales Had Fastest Growth Rate As Toyota Corners 45 Percent Market Share
New vehicle sales jumped 23 percent in February—the fastest growth rate in seven months, according to the joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).
February 16, 2024
January 2024 New Car Sales Up 15.5 Percent; Toyota Corners 47.25 Percent
New car sales are off to a strong start in 2024 as the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) shows. The CAMPI-TMA indicates that 34,060 new vehicles were sold in January 2024—a 15.5 percent jump from the same month in 2023.
January 18, 2024
Toyota Ends 2023 As Philippines' Best-Selling Auto Brand With Over 200K Sold
New car sales, according to the joint report of the Chamber of Automotive Manufacturers (CAMPI) and Truck Manufacturers Association (TMA) reached 429,807 units, surpassing their 423,000-unit target. It is also 22 percent higher compared to 2022’s year-end 352,596 units.
December 21, 2023
New Car Sales Slow In November 2023; Industry Expected To Hit 423,000 Target
New car sales slowed down last November, down 1.2 percent to 37,683 units compared to October’s 38,128 units. This is according to the latest CAMPI-TMA joint report. The slowdown can be attributed to buyers’ anticipation of year-end promotions that typically close the year. In addition, carmakers themselves have started to focus their attention to Q1 2024 activities.
December 1, 2023
Pent Up Demand, Easier Access To Financing Push New Car Sales Up 18.6 Percent In October
Philippine new car sales saw an 18.6 percent increase last October compared to the same month in 2022 based on the latest joint CAMPI-TMA report. This brings the total number of new vehicle sales to 352,971 units, putting the industry on track to a full recovery versus pre-pandemic levels.
November 3, 2023
Winners And Losers Of September 2023 Philippine New Car Sales Revealed
With some personnel changes over at CAMPI’s secretariat committee, it took us a while to get the September 2023 new car sales breakdown for the Philippine market. But as they say, better late than never.
September 21, 2023
New Car Sales Jumped 21.6 Percent In August; Most Chinese Car Brands Slump
New car sales in the Philippines jumped 21.6 percent in August compared to the same period last year. Based on the report by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA), new vehicle sales reached 36,714 units compared to 30,185 units in the same month last year.
August 17, 2023
July Marks 17 Consecutive Months Of Growth For PH New Car Sales
Last July, 37,086 new cars were sold according to the latest joint report from the Chamber of Automotive Manufacturers of the Philippines and Truck Manufacturers Association (CAMPI-TMA). This is a 33.3 percent increase compared to July 2022’s 27,813 figure and 2.1 percent up (36,311) from June 2023.
July 24, 2023
Toyota Motor PH Leads All Car Makers In June And First Half 2023 Sales
New vehicle sales in the Philippines have increased 27 percent in June based on the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
June 25, 2023
New Car Sales Surge 45 Percent In May As Toyota Motor PH Sales Breach 77K Mark
The joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reports that total vehicle sales for May 2023 reached 38,177 units—a 44.8 percent increase to the 26,370 units recorded in the same month in 2022.
May 17, 2023
April 2023 Car Sales Climb 21.8 Percent; On Track To Break Pre-Pandemic Figures
New car sales reached 30,643 units—a 21.8 percent compared to 25,149 units a year ago. This is according to the joint monthly report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
April 17, 2023
New Car Sales Rise 24.2 Percent In March
New car sales rose 24.2 percent in March compared to the same month a year ago, based on a joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA). The CAMPI-TMA report shows that sales reached 36,880 units compared to 29,685 units in March 2022.
March 19, 2023
New Car Sales Rose 27.2 Percent In February 2023
New vehicle sales rose by 27.2 percent year-on-year in February as the auto industry hopes it can exceed pre-pandemic sales levels this 2023.
February 23, 2023
Just How Big Are Toyota Motor Philippines' Sales Numbers?
Toyota is probably only car brand capable of hitting the 10,000 units a month sales range consistently. Just last January, the country’s number one automaker managed to move 13,428 units or a 45.42 percent market share. Their closest rival, Mitsubishi is way behind with just 17 percent market share (5,030 units sold).
Honda's Best-Selling Nameplate Isn't The City Or Brio Anymore
When the Chamber of Automotive Manufacturers of the Philippines and Truck Manufacturers Association (CAMPI-TMA) released their January industry data, the big surprise was Honda. From a mainstay in the lower half of the country’s Top 10 best-selling car brands, the Japanese carmaker found itself back into the Top 5, overtaking Suzuki and Isuzu in the process.
February 22, 2023
Hyundai Enjoys Strong Start To 2023; Targets Top 6 Finish In PH Market
Hyundai Motor Company says its January 2023 global sales reached 306,296 units—a 8.4 percent year-over-year. Despite the continued uncertainties in the business environment, global sales have grown steadily from last year thanks to popular new models and strong demand for the brand.
February 21, 2023
Kia Philippines Lauded As Best Performing Market In Asia-Pacific In 2022
In its fourth year as a wholly-owned subsidiary of the Ayala Corporation, KP Motors Corporation (Kia Philippines) announced that it has outpaced the growth of the automotive industry as a whole with a 34 percent sales increase in 2022 (the industry grew 26 percent).
February 14, 2023
Philippine New Car Sales Up 42 Percent In January 2023; Honda Re-Enters Top 5
The Philippine automotive industry continues its strong recovery by selling 29,499 units last January. This is 42.1 percent higher than January 2022’s 20,785 units. However, on a month-on-month basis, the tally is 20.8 percent lower to December’s 37,259 units.
December 20, 2022
Hyundai Overtakes Kia In November 2022 Sales
According to the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and Truck Manufacturers Association (TMA), new vehicle sales have reached 35,037 units in November—a 32.4 percent growth compared to the same period (26,456 units) a year ago.
November 21, 2022
Toyota PH Breaches 140K Vehicles Sold In 2022; Hyundai Catches Up To Kia
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) reports a year-on-year growth of 42.4 percent for October 2022.
Subscribe to:
Posts (Atom)
