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The Association of Vehicle Importers and Distributors (AVID) has sold 6,493 units in January this year, a drop of 25 percent from last year’s 8,696 units sold in the same period amid conservative consumer outlook.
The Philippine automotive industry has come a long way since 1985, the year when the Philippine Daily Inquirer (PDI) was founded. Thirty three years ago in 1985, total vehicle sales under the Progressive Car Manufacturing Program sank to about 6,000 units from around 30,000 in 1980. This year, at the end of the third quarter, […]
Vehicle importers and distributors saw an 11-percent decline in unit sales in the first half of the year, a slump which a top official said should be temporary. According to the Association of Vehicle Importers and Distributors (Avid), member companies sold 43,138 units in the first semester, a drop from the 48,344 units sold in […]
MANILA — The Department of Finance expects robust vehicle sales to continue even as the higher excise taxes to be slapped on vehicles loom. “In other Asean economies such as Indonesia and Malaysia, automobile excise tax rates go as high as 125 percent and 105 percent, respectively, yet their luxury car markets continue to thrive,” […]
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 […]
Vehicle importers posted a 103-percent surge in sales in the first half of the year as brands introduced innovations and cheaper models in the passenger car and light commercial vehicle segments. The Association of Vehicle Importers and Distributors (Avid) sold a total of 45,420 units during the period “hinging on the entry of new, innovative, […]
The No. 1 automotive brand in the country rewrote history by registering 10,678 units in a single month last July. Coming from its last sales record in May with 10,511 units, Toyota proves once again that it can go even further by beating its own monthly sales performance just after two months. This is the […]
DRIVEN by continued strength in demand for the popular Ranger and EcoSport models, Ford Philippines announced July retail sales of 1,705 units, boosting its year-to-date performance by 15 percent to 12,132 units.
If all 1,000,468 vehicles sold by Toyota Motor Philippines (TMP) over the past 26 years were distributed to all Filipinos today, then roughly one out of every 100 Pinoys would be owners of a Corolla, Crown, LiteAce, Tamaraw FX, Revo, Camry, Innova, Vios, Prius, Wigo, Altis, Fortuner, FJ Cruiser, Land Cruiser, 86, or Hilux. That’s […]
Last week, Nissan Philippines Inc. (NPI) announced a record first quarter growth of 32 percent, outpacing the average industry growth rate of 22 percent. This was Nissan Philippines’s best growth in a decade, said NPI president and managing director Antonio Zara, with figures cited from a report from the Chamber of Automotive Manufacturers of the […]