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Monday, January 17, 2022

Almost Half Of All New Cars Sold In The Philippines In 2021 Was A Toyota


Philippine new car sales rose 20 percent in the whole of 2021 compared to 2020. The number, based on the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and Truck Manufacturers Association (TMA), had its members sell a total of 268,488 units in the entirety of 2021. And while carmakers are patting themselves on the back for a job well done, these figures are still down 27 percent compared to pre-pandemic sales in 2019.

In December 2021, CAMPI-TMA members registered new car sales of 27,846 units—a 5.3 percent growth compared to November. It is the highest number the industry has mustered since the pandemic hit in March 2020.

Of the total 2021 figures, sales of commercial vehicles grew 18.9 percent to 183,228 units from 154,155 units in 2020. This showed that commercial vehicle sales account for 68.88 percent of the group’s total sales. Meanwhile, the passenger car segment grew stronger with 22.4 percent growth to 85,260 units from 69,683 units in 2020.

Toyota Motor Philippines Corp. (TMP) led December sales with 13,502 units (up 6.4 percent versus November’s 12,690 vehicles sold), accounting for 48.49 percent of total sales for the month. For 2021 numbers, TMP sold 129,667 units—a growth of 29.6 percent versus its 2020 performance. This is enough for a 48.3 percent share of new car sales.

In second place is Mitsubishi Motors Philippines Corp. (MMPC) with 4,065 vehicles sold in December, up 3.8 percent versus November 2021 figures. The company accounted for 14.61 percent of sales in December. MMPC’s 2021 sales total remained flat at 37,548 units or a 13.98 percent share.

Nissan Philippines, Inc. (NPI) is third last December with 2,240 units sold, accounting for 8.04 percent of CAMPI-TMA sales. NPI sold a total of 19,603 units in 2021, a 9.9 percent dip 2020’s performance, enough for them to secure fourth overall.

Ford Philippines is in fourth place in December with 1,851 units sold (down from 1,860 units in November), accounting for 6.65 percent of monthly sales. Its 2021 total is 20,005 units, up from 14,775 units in 2020. This is good for third overall and a 7.45 percent share.

Bringing up the top five is Suzuki Philippines which cornered a 6.56 percent market share in December, selling 1,826 units—10.1 percent more than November 2021’s 1,658 units. For the entire 2021, Suzuki also managed to sell 19,393 units—a 7.22 percent market share.

For its part, the Association of Vehicle Importers and Distributors (AVID) which counts brands such as Hyundai, Geely, and Subaru among their members haven’t released their sales figures since September 2021.

3 comments:

  1. Can't understand why there has to be two separate groups of car manufacturers for sales reporting. Would it be possible for the PH automotive industry to follow Australia in providing a single data drop of sales figures?

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  2. not surprise at all. toyota vehicles are known for their durability and longevity. my first car is a toyota starlet hatchback. the engine was good although the body and underchassis rusted away. rustproofing is not that widespread during the 80s. and I still have my toyota 1999 revo 1.8 glx a/t with me. never broke down on the road, since I"ve taken good care of it, followed the PMS (periodic maintenance service) religously. I'm thinking of the Raize (non-turbo) as my next car although their dealership is now far from my residence. of course, it helps when a fanboy like mechanic scotty kilmer is all agog over toyota cars in his youtube channel

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  3. I'm a Toyota vehicle owner. I hope Toyota will maintain the durability and reliability of their vehicles for many more years to come. Same with Honda. 😊🙏

    ReplyDelete

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