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Philippines - Flash report, Automotive sales volume, 2024

ied 72,132 units, up 19.4% YoY. Sales of commercial vehicles reached 54,048 units (up 18.2% YoY) and sales of passenger vehicles reached 18,084 units (up 23.1%).The top 3 brands in the market were still Toyota, Mitsubishi Motors, and Ford.The positive factors mentioned by CAMPI president were early marketing campaigns, improved inventories, and stable interest rates that help boosting customer confidence. The good momentum is expected to continue...

Automotive Sales Data Updated at: 2025/02/21

Philippines - Flash report, Automotive sales volume, 2023

first 10 months of 2023, Toyota Motor Philippines Corp. still led the market as it held a 46.0% market share, followed by Mitsubishi Motors Philippines Corp. (18.5% share) and Ford Motor Co. Phils. Inc with a 7.4% market share.According to CAMPI president, vehicle sales were sustained by aggressive marketing activities and supply improvement across all brands. The rising demand was also supported by easier access to credit. By the end of October,...

Automotive Sales Data Updated at: 2024/02/22

China - Flash report, Automotive sales volume, 2023

the first half of the year. This is mainly because demand in China’s auto market, where there was the impact of a promotion policy switch and price fluctuations in Q1, is gradually recovering due to the joint stimulation of central and regional consumption promotion policies, regional automotive marketing activities, and the mass launch of new models, as well as automakers hitting their half-year targets and the relatively low base for April a...

Automotive Sales Data Updated at: 2024/02/07

Philippines - Flash report, Automotive sales volume, 2021

ed levels, said CAMPI president, adding that the auto industry, however, remains cautious and on guard given the uncertainties brought by mutations of the coronavirus, which, hopefully, would not weaken recovery. The changes seen in the auto industry due to the pandemic in terms of online sales and marketing activities are expected to continue, as such have become a viable strategy to cater to the needs of customers.Philippines - Sales of new veh...

Automotive Sales Data Updated at: 2022/02/25