![CAMPI](https://d1hv7ee95zft1i.cloudfront.net/custom/blog-post/original/57b4fa4c7ff66.jpg)
The Philippine automotive industry continues to deliver positive sales performance as it registered 29,967 units sold last July 2016. According to the joint report by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA), the local auto sales last month is 22% higher than July 2015, which posted 24,569 units sold.
CAMPI and TMA said sales from both the Passenger Car (PC) and the Commercial Vehicle (CV) segments have increased in the previous month as compared to the same period last year. The PC segment yielded 11,230 units, a 9.9% growth from 10,221 units last July 2015. On the other hand, the CV segment delivered a notable 30.6% increase year-on-year with 18,737 units as compared to 14,348 units sold in 2015.
The CV segment’s Category 2 (Light Commercial Vehicle) achieved a 36.2% increase with 11,982 units from 8,798 units last July 2015. Category 5 (Heavy Duty Trucks and Busses) vehicles also posted a 34.6% growth with 171 units from 127 units last year. Lastly, Category 1 (AUV) vehicles registered a 22.5% boost in sales with 5,767 units as compared to 4,709 units.
With appealing financial plans and continuous marketing efforts, we were able to outshine our record in July 2015. A chunk of last month’s sales records was due to arrival of the past month’s demands. We expect to keep up with the market for the second half of 2016,” said CAMPI President Atty. Rommel Gutierrez.
CAMPI and TMA also reported that the year-to-date local automotive sales has already reached 197,448 units. In line with this, Toyota Motor Philippines Corporation remains on the top spot with 43.63% market share followed by Mitsubishi Motors Philippines Corporation with 18%. Ford Motor Company Philippines, Inc. sits in at third with 9.88% market share while Isuzu Philippines Corporation takes the fourth spot with 7.77%. Honda Cars Philippines, Inc. completes the top 5 automotive manufacturers with 6.51% market share.
Latest News
-
Mitsubishi Triton Black Edition debuts in Thailand—Is the Philippines next? / News
Mitsubishi's latest Triton Black Edition hits the market in Thailand, featuring exclusive rear-wheel drive and a stylish dark theme.
-
Chevrolet unveils the 2025 Corvette ZR1 / News
With 1,064 hp and 1,122 Nm of torque on tap, the twin-turbo 2025 Corvette ZR1 is the most powerful Corvette ever built.
-
BYD stirs up local crossover segment with new Sealion 6 DM-i Advanced / News
BYD has officially pulled the covers off the Sealion 6 DM-i, with a retail price of P1,580,000.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Aug 25, 2023
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Sep 20, 2023
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020