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July 12, 2024

2024 Philippine International Motor Show Slated This October 24-27

The Philippine International Motor Show (PIMS) returns for its ninth year at the World Trade Center Metro Manila from October 24 to 27, 2024. The four-day event promises to bring in more than 15 of the country’s top automotive brands to showcase their newest products and innovations that will help redefine the future of the industry.

New Car Sales Break Month-On-Month Slump With 8 Percent Growth In May 2024

Improvements in vehicle supply and continued strong demand has pushed vehicle sales up month-on-month. May’s 8 percent growth versus April 2024 breaks the two-month slump that members of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and Truck Manufacturers Association (TMA) faced. It is also a 5.5 percent growth compared to May 2023.

April 2024 New Car Sales Dip Slightly As Chinese Brands Corner 6 Percent Market Share

In time for April Fools, the CAMPI-TMA secretariat put out a gag order on releasing the full breakdown of monthly new car sales. In fact, the only source would be the official press release which only gives a snap shot of how car sales are faring. Having said that, we have our ways. It may be a month late, but we still managed to get the full breakdown for you, our dear readers, to browse through.

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).

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.

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.

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.

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.

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.

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).

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