The local automobile manufacturers saw their sales dip by 7.3 percent in February after selling fewer passenger cars (PC), according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and Truck Manufacturers Association (TMA). The Campi-TMA report on Thursday noted that industry sales fell…
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Motor vehicle sales in the country rose 20 percent in 2021 vs 2020, but it is still 27.42 percent lower than the pre-pandemic sales in 2019, a joint report of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed. Based on the CAMP
Local car dealers are bullish on the industry’s prospects this year, as vehicle sales rose by 20 percent in 2021 despite the challenges brought by the pandemic. Total vehicle sales grew to 268,488 units last year from 223,793 units in 2020, according to a joint report by the Chamber of…
Local automotive manufacturers sold 240,642 vehicles in January to November, which exceeded the full-year volume in 2020, sparking optimism that the economy is on its way to recovery. The 11-month sales is about 8 percent more than 223,793 units sold by car makers last year, according to a joint report…