The Motorcycle Development Program Participants Association (MDPPA) announced that sales figures for 2016 have exceeded expectations with a 35% year-over-year growth or 1.14-million units sold.
In a press event, the MDPPA reported that the Moped or Underbone category hit an all-time high with 418,043 units sold, accounting for 37% of sales in 2016. Following closely was the Business Motorcycle category which sold 368,270 units or 32% share of the sales pie.
Meanwhile, Automatic Transmission Motorcycles posted 274,104 units sold last year. This category experienced the highest growth with a 51% increase from 2015.
The group is optimistic that it can replicate or even surpass this feat this year due to consumer demands for a more mobile and more fuel efficient mode of transportation in major cities. They conservatively predict that 2017 will bring a 12 to 15% growth in sales.
MDPPA consists of motorcycle brands such as Honda Philippines Inc., Kawasaki Motors Philippines Inc., Yamaha Motors Philippines Inc., Suzuki Philippines Inc., and Kymco Philippines Inc.
Latest News
-
Toyota Motor Philippines President Satoru Suzuki bids farewell / News
All good things have to come to an end as Suzuki finishes his fourth and final term.
-
We could really use Thailand’s new Grab Drive Your Car service in PH / News
Grab launched its newest feature in Thailand, the Drive Your Car service which lets you have a chauffeur for a drive.
-
All-new Chevrolet Suburban, Tahoe debuts with independent rear suspension / News
Two heavy hitters have been introduced by the Golden Bowtie to go head-to-head against the Ford Expedition.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Nico Ylanan · Nov 06, 2018
-
Editor Speaks: Best automatic cars in the Philippines
Nico Ylanan · Nov 12, 2018
-
How does park assist work?
Nico Ylanan · Nov 21, 2018
-
Most fuel efficient SUVs in the Philippines
Nov 26, 2018
-
2018 Toyota Rush stirs bold-looking MPV segment in PH
Jacob Oliva · May 04, 2018
-
Family cars in the Philippines with the biggest trunks
Nov 14, 2018
-
Head to Head: Toyota Fortuner Vs. Nissan Terra
Nico Ylanan · Jun 01, 2018
-
4 mistakes people do before buying their first car
Jacob Oliva · Nov 26, 2016
-
2019 Suzuki Jimny is H2 and G-Class in one tiny body
Dan Pabustan · Jun 18, 2018
-
Can the 2018 Mitsubishi Xpander really replace the Adventure AUV?
Jacob Oliva · Mar 02, 2018