Philippines’ motor vehicle sales in 2020 plunged 39.56 percent to 275,512 units as against 457,110 units in 2019, according to combined sales date of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) and the all-importers group...
Workers today slammed automotive firms in the country, short of calling them “selfish” and questioning their "loyalty", for looking after their own business interest but disregarding the industry’s development and their employees. In a strongly-worded statement, the Philippine...
Domestic automotive parts manufacturers and workers stood behind the Department of Trade and Industry’s (DTI) decision to impose provisional safeguard measure on imported completely built-up (CBU) cars and light commercial vehicles (LCVs) as a step that will arrest further decline in local auto...
Domestic car manufacturers and traders slammed the decision of the Philippine government to slap a punitive safeguard duty on imported completely built up (CBU) cars and light commercial vehicles (LCVs), citing short and long-term risks to the industrial sector, price hikes, deferment of expansion...
Two months before the pandemic year 2020 ends, motor vehicle sales still remained at negative 42 percent although the month of October already posted a modest 2 percent growth. Data from the joint Chamber of Automotive Manufacturers of the Philippines Inc.-Truck Manufacturers...
Motor vehicle sales in September went up 37 percent to 24,523 units from the 17,906 units sold in the previous month making the industry upbeat for a recovery until the end of this year, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and...
The domestic automotive industry has urged the Department of Trade and Industry to reconsider its safeguard investigation on imported cars as sales took a dive in August. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association...