Industry-wide automotive sales are on track to reach 210,000 units in 2013 as sales of the Chamber of Auto Manufacturers in the Philippines Inc. (Campi) and the allied Truck Manufacturers Association (TMP) grew by more than a fourth as of end-April.
Strong vehicle sales in the first quarter has prompted the Chamber of Auto Manufacturers in the Philippines Inc. (Campi) to increase the sales target for this year.
Honda Cars Philippines Inc. (HCPI) announced that its CR-Z “sport hybrid coupé” would soon be available for retail in the Philippines. HCPI president and general manager Tatsuya Natsume said in a statement that the company has been receiving a lot of inquiries about its hybrid car concept since last year. The Japanese manufacturer’s [...]
Last April 11, Isuzu Philippines Corp. formally introduced its new company president to the motoring media at a luncheon held at Makati Shangri-La Hotel. By May 3, Nobuo Izumina officially replaces Ryoji Yamazaki, who was assigned managing director of Isuzu Car Life, an affiliate of Isuzu Motors Ltd. (IML). The 56-year-old Izumina has accumulated 33 years of work experience with IML, handling overseas operations. In 1993, he was appointed vice president for business management at Isuzu Motors America in Los Angeles, California, returning to IML in Japan in 1999 wherein he was named general manager of the sales department for the company’s operations in Europe, Oceania, Central and South America. In 2009, he landed the post of chair and chief executive officer for Isuzu Motors Mexico.
The Association of Vehicle Importers and Distributors (Avid) reported an 8 percent growth in March alone—3,027 vehicles compared to 2,792 sold in the same period last year.
Car and truck importers reported an 8-percent increase in sales for March over year-ago levels, with the rising demand for light-commercial vehicles offsetting the drop in passenger cars.
Auto manufacturer Honda Cars Philippines has announced a recall of over 9,000 cars sold over a decade ago due to a recently discovered defect that may compromise the effectiveness of airbags.
The Philippine auto industry is expected to get a major boost this year as the country’s economic growth continues to drive up vehicle sales. Board of Investments (BOI) Executive Director Lucita Reyes said Thursday that higher car sales would not only lead to big paydays for car distributors, but would also help revive the [...]
The Bureau of Customs on Thursday filed with the Department of Justice a criminal complaint against consignees of illegally imported vehicles from Japan and US.
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Trucks Manufacturers Association of the Philippines (TMAP) on Monday reported a 42-percent surge in sales in the first two months of the year to 26,588 units from 18,718 units in the same period last year, with Toyota maintaining its top spot.
Overall sales of Ford Philippines doubled in February, jumping 108 percent year-on-year to 865 units.
Vehicle importers started 2013 on an optimistic note with higher sales in January from the previous month, despite having sold one less car compared to January 2012.
