Toyota is once again the world’s top-selling automaker in 2023, selling a record 11.2 million vehicles. It finished ahead of the Volkswagen Group which sold 9.2 million vehicles with Hyundai Motor Group in third with 7.3 million vehicles sold.
Showing posts with label PHL Auto Industry. Show all posts
Showing posts with label PHL Auto Industry. Show all posts
January 31, 2024
Toyota Breaks Global Sales Records With 11.2 Million Vehicles Sold In 2023
Toyota is once again the world’s top-selling automaker in 2023, selling a record 11.2 million vehicles. It finished ahead of the Volkswagen Group which sold 9.2 million vehicles with Hyundai Motor Group in third with 7.3 million vehicles sold.
January 30, 2024
Foton Philippines Sales Stay Strong In 2023
Foton and the sales of its high-value, feature-packed line of commercial vehicles stayed strong in 2023, based on industry figures.
Geely Philippines President Vows To Foster Dialogue, Collaboration
Newly-appointed Sojitz G Auto Philippines (Geely Philippines) President and CEO, Naoyuki Takeda outlined his vision for the company’s growth after being battered with aftersales service issues and plateauing sales in 2023.
January 27, 2024
Isuzu Is Philippines' Best-Selling Truck Brand For 24 Straight Years
Isuzu Philippines Corporation (IPC) is once again the best-selling truck brand, a feat it has maintained for 24 consecutive years. This significant milestone underscores IPC’s unwavering commitment to excellence, innovation, and customer satisfaction in the automotive industry.
January 25, 2024
What Models Contributed To Honda Cars PH's Solid 2023?
As we reported earlier, Honda Cars Philippines had a solid 2023, sales-wise. The carmaker reported 16,645 units sold—an increase of 20 percent compared to 2022. But just how did Honda get to that figure? Let’s break it down.
The Comeback: Agudo Is The New President And CEO Of Chevrolet In The Philippines
It’s official: Maria Fe Perez Agudo is the new President and CEO of Chevrolet in the Philippines. Her official outing as the new top executive at Chevrolet’s exclusive Philippine distributor happened at the company’s Dealer Business Conference that happened at the Auto Resources Center (formerly the Hyundai Logistics Center) in Calamba, Laguna.
January 24, 2024
Lexus Corners 42 Percent Of Luxury Car Market In The Philippines
Buoyed by a recovering automotive industry, Toyota Motor Philippines had a record 2023—breaching the 200,000-unit sales mark (check the full model-by-model breakdown). But did you know that its luxury division, Lexus, also had an amazing year as well?
Which Models Drove Toyota PH Sales Past 200K In 2023?
Despite the increased competitiveness of the Philippine automotive industry, Toyota Motor Philippines managed to secure an all-time high sales record last year by selling 200,031 units. This helped them maintain their so-called Triple Crown of being the best-selling brand overall as well as best-selling passenger car brand and best-selling commercial vehicle brand.
January 19, 2024
Ferdie Lasan Is Geely PH's New General Manager For Vehicle Sales
Sojitz G Auto Philippines Corporation, the exclusive distributor of Geely vehicles in the country continues its management revamp with the appointment of Ferdinand “Ferdie” Lasan as their new General Manager for Vehicle Sales.
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.
January 17, 2024
Chery Auto PH Posts 64 Percent Growth In 2023
Chery Auto Philippines (CAP) concluded 2023 with a remarkable growth of 64 percent versus its 2022 sales performance. Its total sales reached 3,600 units enabling them to corner a 1.2 percent of the local passenger vehicle segment.
January 11, 2024
Ford Philippines Sales Breach 30,000, Posts 27 Percent Growth In 2023
Ford Philippines has had a strong 2023, driven by its next-generation line-up—the Ranger, Everest, and Territory. The carmaker breached the 30,000-sales mark last year; the first time in six years. It is also Ford’s third highest full-year retail sales achievement in 10 years.
December 29, 2023
Japan To Fight Back Against Advancing Chinese Car Brands By Investing Big In ASEAN Production
To slow the advancement of Chinese carmakers’ influence in Southeast Asia, Japan and the Association of Southeast Asian Nations (ASEAN) have vowed to work together to create a competitive and green automotive industry.
December 22, 2023
It's Official: Lynk & Co Is Coming To The Philippines In 2024
Lynk & Co, the Chinese-Swedish car brand co-owned by Geely and Volvo, will enter the Philippines in 2024. This was confirmed in a statement from the brand as they set foot in Southeast Asia through Vietnam.
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 15, 2023
Every Vios, Innova, and Even Next-Generation Tamaraw Built In Santa Rosa Will Use Green Energy
In its bid towards carbon neutrality, the country’s number car brand and leading manufacturer, Toyota Motor Philippines (TMP) will be switching to 100 percent renewable energy (RE) for its manufacturing needs.
December 11, 2023
Geely Philippines Appoints New President And CEO
Geely is starting a new chapter in the Philippines with the official appointment of a new President and CEO of distributor Sojitz G Auto Philippines (SGAP) effective January 1, 2024. Naoyuki Takeda (left in lead photo) brings with him an extensive background and experience in the Philippine automotive industry, making him the person to steer Geely in the right direction amidst the fast-evolving automotive landscape.
December 6, 2023
Astara PH Appoints Arlan Reyes As Head Of Peugeot And JMC
Astara has appointed Arlan Reyes as the brand head for JMC and Peugeot in the Philippines.
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 29, 2023
Astara Is Now The Official Distributor Of JMC Pickup Trucks In The Philippines
Astara bags another brand for the Philippine market: JMC. One of the world’s leading mobility companies, and the exclusive distributor of GAC Motor and Peugeot, is now the exclusive importer of JMC’s pickup trucks.
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