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The president of the 17-member Association of Vehicle Importers and Distributors Inc (Avid) has some sobering news about the local motoring industry. “With the recently announced lockdown extension, car sales may further drop to around 30 to…
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TOYOTA Motor luxury division Lexus said its worldwide sales from January to June this year increased 10% compared to the same period in 2018. This represents 360,045 vehicles. Lexus said the tally reflects an increase in demand…
Will the Philippine automotive industry post a 10 percent growth in sales this year as forecast by its leaders?…
The acceleration of Philippine auto sales will depend in no small part on the introduction of new and refreshed models.…
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FIGURES released this week by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed their member companies’ deliveries from January to May this year remained almost flat when compared…
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Vehicle sales fell 21.7 percent for the fifth month in a row in June. This was blamed mainly on the consumers’ reaction to a rising inflation and the tax reform program that made most vehicles more expensive.…
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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,…
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Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the country, sold 17 percent more cars in August from the same month last year. HARI sold 3,273 units in August, up 17 percent from…
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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…
Audi again maintained its path of growth worldwide last August as sales rose 5.6 percent to around 125,300 automobiles. …
