The local automotive industry is optimistic that vehicle sales this year would hit the lofty target of 500,000 units, which would be an all-time high, even as over 100,000 units are still left unsold with just two months left. Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI)...
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...
Most vehicle owners are okay with 'stock ' parts. There is a good reason behind that. Automakers and their engineers spend millions of dollars and thousands of hours fine-tuning each model to its most efficient form, from height and width for aero efficiency, down to the wheel size and...
Expect pickup trucks to be more costly after the provision reimposing the excise tax on the vehicle type was approved, alongside other tax reform measures under the proposed Capital Market Efficiency Promotion Act (CMEPA). The CMEPA, a legislation deemed a priority of the administration under the...
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...
The Automotive Body Manufacturers Association of the Philippines (ABMAP) is urging the government to prioritize the Public Utility Vehicle Modernization Program (PUVMP), underscoring the need for additional funding. In a statement, ABMAP said securing more funding for the program would not only...
Driven by robust demand for commercial vehicles, the Philippine auto market recorded substantial sales growth last year, with industry leaders optimistic about continued expansion this year. Data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck...
CEBU CITY – Banking on the increasing desire for green transportation options in the country, a global automotive brand recently introduced new eco-friendly and technologically advanced vehicles in this city. Eres Automotive on Dec. 18 opened the Omoda and Jaecoo Philippines car dealership here....
DETROIT — With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup. The Dearborn, Michigan, company said Thursday that a much ballyhooed...
What do pizzas and SUVs, or beer and exotic sports cars have to do with each other? The answer might surprise you. Some of the country’s top auto brands are controlled by companies (and families) in very diversified fields. While there are many large companies out there, we'll mainly focus on...
From left: World Vision Operations Manager Visayas Field Officer, Bonifacio Calapan; TESDA Leyte Provincial Director, Rolando Bade; TESDA VIII Regional Director, Gamaliel Vicente Jr. CESO III, ASEAN ENG.; Tacloban City Council Member, Dr. Elvira Casal; Isuzu Motors Limited Senior...
