The so-called “ghost month” took a toll on the automotive industry in August, as year-to-date vehicle sales growth came to a near halt at 0.2 percent as sales declined across nearly all car segments, marking the slowest growth rate of the year. Ghost month, which falls in August, usually...
The country’s car sales posted a 1.4 percent increase in July, the slowest growth rate for the year, as the industry reels from the impact of severe weather disturbances. Based on a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers...
Vehicle sales in the Philippines only grew by two percent in June, as the automotive industry continues to face slow growth momentum amid weakening demand for passenger cars and global uncertainties. Data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck...
Vehicle sales in the Philippines remained sluggish, growing by only 1.7 percent in May, the lowest growth rate in over a year, as demand for passenger cars continued to weaken. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers...
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 increased in the first six months of the year with both the passenger car and commercial vehicle segments experiencing growth. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) revealed that total...
While the intention of the Land Transportation Office (LTO) to penalize the unregistered sale or mortgage of vehicles is laudable, Sen. Grace Poe said that it must have a clear policy for a polished execution. "The agency needs to ensure that the systems are in place for a smooth rollout of the...
The domestic automotive industry is projected to recover in the fourth quarter of 2021 and pick up momentum well into 2022, according to investments and banking executives. House of Investments (HI) Senior Vice-President and Car Business Operations head Johnny Fetalvero said several factors will...
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...
