Search CarGuide.PH

August 2, 2018

Suzuki Philippines Posts Strong First Half 2018 Sales

Riding on back-to-back strong sales performance for the first two consecutive quarters of the year, Suzuki Philippines (SPH) ends the first half of 2018 with 6 percent growth in unit sales over the same period last year.

Aggressive marketing and expansion initiatives enabled SPH to overcome the challenges that beset the local automotive industry in recent months, foremost of which was the first-phase implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Despite the 12 percent decline in sales performance for the entire local automotive industry compared with last year, SPH posted 6 percent growth in sales to secure the top 7th rank in the market. The brand penetrated various regions and strengthened its presence in key growth areas, in particular outside the National Capital Region, to extend the successes enjoyed during the first quarter of the year.

“The implementation of the TRAIN Law challenged the whole automotive industry, which led us to undertake concrete steps to make sure the Suzuki brand stays relevant and maintain its strong performance,” shared SPH Vice President and General Manager for Automobile Shuzo Hoshikura. “We are humbled to see our hard work paying off, allowing us to close the first half of the year with back-to-back successes. These accomplishments inspire and embolden our team even more to push forward to achieve our goals for the rest of the year,” he added.

Consistent with their performance during the first quarter of 2018, the Ertiga, Celerio, Vitara, and Ciaz drove Suzuki sales in the second quarter. The four models combined accounted for more than 70 percent of first-half 2018 sales.

The 7-seater family vehicle Ertiga remains the top-selling Suzuki vehicle in this year’s lineup with a 33 percent share of sales. Its spacious interior and power and cost efficiency appeal to Filipino families seeking utmost functionality and comfort.

Following Ertiga are the two award-winning Suzuki units, Celerio and Vitara, with 14 percent and 13 percent share of sales, respectively.

SPH gears up for even more vigorous marketing and expansion efforts for the rest of the year. More product launches are in the pipeline, as are dealership openings and other marketing strategies, all building up on the achievements of the first half and aimed at further boosting industry presence.

SPH introduced to the Philippine market last June two much-awaited Suzuki vehicles, the all-new Dzire and Swift, equipped with improved technology and safety features. The new Dzire brings the latest of Suzuki’s technology, the Auto Gear Shift (AGS), which is a first in the local market. Meanwhile, the new Swift returns with an edgier look and upgraded engine performance to suit the style and needs of fun-loving millennials.

“We are more than grateful to the Filipino market for their warm welcome of the new Dzire and Swift. We can’t wait to see how these two cars will contribute to our sales in the remaining months of the year,” said Hoshikura.

SPH has inaugurated 4 dealerships so far this year, bringing the total number of Suzuki nationwide dealerships to 71. Now with outlets in key growth areas such as Calamba, Laguna, and Calasiao in Pangasinan, the company further strengthens its influence in the market.

“We are continuously developing marketing strategies to better serve the market, especially in areas outside Metro Manila. We are hoping to reach more regions in the months to come,” added Hoshikura.

No comments:

Post a Comment

Feel free to comment or share your views. Comments that are derogatory and/or spam will not be tolerated. We reserve the right to moderate and/or remove comments.