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Automotive companies sold fewer new vehicles in January after Taal Volcano turned violent last month and rained ashfall on assembly plants and dealership networks in South Luzon, car and truck manufacturers said. A joint report by the…
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In this country, everyone looks forward to September as it marks the beginning of the Christmas shopping season. Perhaps no sector welcomes September more than the automotive industry. The car companies’ anticipation of September was validated when…
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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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A group of vehicle importers saw sales drop 17 percent in 2018, blaming it on a slew of factors including tax hikes and high inflation. The Association of Vehicle Importers and Distributors, Inc. (Avid) sold 88,700 units…
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Vehicle sales fell by 16 percent last year, the worst full-year decline since the financial crisis in 1998. Members of two large automotive groups in the country sold 357,410 units last year, much less than the 425,673…
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The local vehicle industry is heading to its worst sales decline since the financial crisis of 1998 as manufacturers expect deliveries to fall by as much as 15 percent this year. The industry was not expecting such…
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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…
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Car sales grew only by 8.7 percent in August, the slowest in four months, data from automotive and truck manufacturers showed. According to a joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi)…
US gasoline demand is increasing as motorists opt for bigger vehicles and drive more, encouraged by the sharp drop in fuel prices and an improving employment market.…
