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THERE is no pattern that can be discerned yet. This is according to Rommel Gutierrez, president of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), regarding domestic sales of vehicles this year. The executive, also a first vice-president at Toyota Motor Philippines, made the observation ahead of the release on Tuesday of CAMPI’s […]
Vehicle sales dropped 14.1 percent in August, a slower decline from the previous month as the market starts to show signs of improvement, data showed. Sales fell to 30,313 units that month, lower than the 35,309 units vehicle manufacturers sold in August last year. Despite the drop, this is slower than the 24.1-percent year-on-year decline […]
Toyota Motor Philippines Corp. (TMP) plans to expand its dealership network this year, which will focus mainly on the provinces. On the sidelines of the company’s 30th anniversary in the country, TMP senior vice president for marketing Jose Maria Atienza told reporters that the company was aiming a total of 70 dealers this year. As […]
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 […]
THE PHILIPPINE automobile industry is racing toward its sales target of 350,000 units for 2016.