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Thursday, 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.

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.

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).

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.

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).

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.

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.

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).

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.

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.

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).

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.

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.

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.

New Car Sales Up 64.2 Percent Last September; Chery Auto Philippines Breaks Into Top 5

Fresh from the success of the industry-led 8th Philippine International Motor Show (PIMS) the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association recorded sales of 35,282 units sold—a 64.2 percent growth last September 2022 compared to 21,493 units in the same period last year.

Philippine Auto Industry On Track To Full Recovery With August Sales Jump

On the eve of the country’s biggest automotive industry event, the Philippine International Motor Show (PIMS), the Chamber of Automotive Manufacturers of the Philippines or CAMPI says the industry is now “on track to a full recovery.”

Philippine New Car Sales Up 29.4 Percent In July 2022

The latest joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) shows new motor vehicle sales for July 2022 reached 27,813 units, equivalent to a 29.4 percent growth compared with 21,498 units recorded in the same period a year ago.

New Car Sales See 7.08-Percent Month-On-Month Increase In June 2022

New car sales jumped 26.8 percent in June to 28,601 units compared to the same period in 2021. This was revealed in the latest Chamber of Automotive Manufacturers of the Philippines and Truck Manufacturers Association’s CAMPI-TMA) joint report.

New Car Sales Surge 19.5 Percent In May But Insider Says Growth May Be Artificial

New car sales in the Philippines hit 26,370 units in May 2022—a 19.5 percent growth compared to the 22,062 units in the same month in 2021. This is according to the latest joint industry report released by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).

Toyota Commands 51 Percent Market Share In Philippines

The Philippine automotive industry continues its recovery by posting an impressive 40.9 percent year-on-year growth in April 2022.

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