Vehicle sales in the Philippines grew by 2.5 percent in April, which marked the slowest growth in seven months, amid a sharp decline in passenger car sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed...
Car sales in the Philippines rose by six percent at the end of March, totaling to over 110,000 vehicles sold, driven largely by strong demand for multi-purpose commercial vehicles. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers...
Car sales in the Philippines posted a six-percent hike as of the end of February, driven by a growing demand for electric vehicles (EVs) and personalized driving experiences, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI). A joint report by CAMPI and the...
DETROIT — Ford Motor Co.'s first-quarter net income fell 24% from a year ago as the company's combustion engine vehicle unit saw revenue and sales decline. The Dearborn, Michigan, automaker said Wednesday it made $1.33 billion from January through March, compared with $1.76 billion a year...
DETROIT — New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed during the first three months of the year, with mainstream buyers wary of limited range and a lack of...
Domestic motor vehicles sales in February this year went up 23.2 percent to 38,072 units, bringing year-to-date sales to 72,132 units or 19.4 percent higher compared to the first two months of 2023, industry data showed. A joint report by the Chamber of Automotive Manufacturers of the...
Carsales in May this year grew a dramatic 44.8 percent versus May 2022 with 38,177 units sold, bringing year-to-date sales to 166,104 units or 31.5 percent higher than the same period last year, a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck...
Motor vehicle sales went up 21.8 in April compared to the same month last year on improving economic situation and availability of a wider range of motor vehicle models, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers...
The Philippine automotive industry is confident of full recovery this year with sales expected to grow 10-15 percent higher than the 2022 performance to exceed the pre-pandemic level, according to a top industry official. Rommel Gutierrez, president of the Chamber of Automotive Manufacturers of the...
The local automotive industry was off to a good start in the first month of the year with sales posting a strong 42.1 percent growth versus Jan. 2022, a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed. Based...
Total motor vehicle sales in the country jumped 31.3 percent in 2022 to 352,596 units from 268,488 units in 2021 and exceeded the 336,000-unit full year sales forecast, a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association...
Motor vehicle sales jumped 56.1 percent in the first semester this year to 132,767 versus 85,041 units in the first six months last year when the government implemented the first hard lockdown policy due to the coronavirus pandemic. A joint report by the Chamber of Automotive Manufacturers of the...
