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Car sales grow amid planned tax increase for 2018

A month before new excise car taxes are slapped, car and truck manufacturers reported reaching one of their highest growths in sales this year, recent data showed. Data from the Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and Truck Manufacturers Association (TMA), show that car sales of member companies reached 40,799 units in […]

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Auto sales jumped 17.3% in October

Vehicle sales went up 17.3 percent in October, the fastest growth reported for the past few months, according to joint data from car and truck manufacturers. The Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and The Truck Manufacturers Association (TMA) said that their member companies sold 36,511 units in October, more than the 31,132 […]

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Know the 45th Tokyo Motor Show

The 45th Tokyo Motor Show opened its doors on Wednesday, Oct. 25, 2017 to the global motoring media, and will open its doors to guests on today, Oct. 27, 2017. Hosted by the Japan Automobile Manufacturing Association (JAMA), it is considered as one of the top five motorshows in the world alongside Paris, Detroit, Frankfurt […]

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San Miguel to take 65% stake in BMW distributor

Conglomerate San Miguel Corp. (SMC) is set to take a 65-percent stake in the local importer and distributor of Munich, Germany-based luxury car maker BMW. SMC said in a stock exchange disclosure yesterday that it filed the necessary incorporation papers for SMC Asia Car Distributors Corp. with the Securities and Exchange Commission on July 17. […]

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Vehicle sales growth slowed to 4.8% in April

Growth in car sales slowed to 4.8 percent in April from the same month in 2016, the slowest pace since the start of the year, data from automotive manufacturers showed. According to a joint report from the Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and the Truck Manufacturers Association (TMA), member companies sold […]

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Manila’s top international auto show opens

The annual Manila International Auto Show (MIAS) opened Thursday at the combined venues of World Trade Center Metro Manila and the Philippine Trade Training Center, with an unbelievable display of the latest automotive innovations and various exciting event highlights.

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IMI to open new auto electronics factory in Serbia by 2018

Ayala-led Integrated Micro-Electronics Inc. (IMI) is building a new manufacturing plant in Serbia, thereby expanding its European footprint to serve its growing market for automotive components in this region. IMI chair Jaime Zobel de Ayala, who is chair and chief executive officer of parent conglomerate Ayala Corp., said in a press briefing on Tuesday that […]

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Vehicle sales jumped 26.7% in nine months; Toyota maintained lead

The Philippine automotive industry scored another record in September as vehicle sales reached 31,451 units, up 16 percent from 27,069 units in the same month last year. This brought total vehicle sales in the first nine months to 261,370 units, up 26.7 percent from 206,284 units in the same period last year, data from the Chamber […]

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PH auto demand may hit 500,000 by 2018

Top leaders of automotive firms in the country are bullish about the Philippine automotive industry, which is expected to breach the 500,000-unit-per-year sales mark as early as 2018—two years ahead of the revised target set by the government. According to Japanese and Filipino CEOs polled by the Inquirer during the 6th Philippine International Motor Show […]

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Sales of cars, trucks surged 40% in August

The Philippine automotive industry chalked up another record performance in August as vehicle sales reached 32,472 units, up 40 percent from the 23,181 units sold a year ago. This brought the total vehicle sales to 229,919 units in the first eight months of the year, justifying the upward revision in the sales forecast announced by […]

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Jan 17, 2018

Perhaps one of the most highly anticipated cars for 2018 is Honda’s all-new CR-V.