Isuzu Philippines Corporation (IPC) recorded its highest monthly sales for 2016 last November. According to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA), IPC sold 2,572 units, a 36.7 % increase year-over-year.
IPC’s positive sales performance is led by the mu-X with 1,165 units sold last November 2016. Moreover, the Crosswind and the D-MAX registered 388 and 346 units, respectively.
On the other hand, sales of IPC’s light commercial vehicles increased by 38.3% year-over-year, yielding 1,899 units. The light-, medium-, and heavy-duty trucks, and buses delivered 673 units last November 2016, 32.5% higher than the same month last year.
In addition, the Isuzu N-Series, which IPC claimed as the country’s best-selling vehicle in its class for 14 consecutive years, tallied 577 units sold in November. This marks the brand’s highest number of units sold for the N-Series this year.
Sustained market demand for vehicles that address business requirements continues to push upwards the deliveries of the Isuzu N-Series, as well as that of other Isuzu commercial vehicles. This development can be traced to a robust domestic economy – currently the fastest growing in Southeast Asia – that relies heavily on the efficient movement of goods and services,” said IPC President Hajime Koso.
The CAMPI and TMA data also showed that the country’s automotive industry sales grew by 22.2% year-over-year or 32,999 vehicles sold. Members of CAMPI and TMA also experienced a 24.3% increase from January to November 2016 compared to the same 11-month period last year.
As of this writing, vehicle sales are now at 325,468 units with just 1 month to go until 2016 ends. CAMPI said in a previous statement that the PH auto industry could breach its sales target of 370,000 vehicles by the end of 2016.
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