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PH auto sector still lags behind Asean peers

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FILE PHOTO

The Philippine automotive industry still lags behind its peers in the Asean in terms of vehicle sales and production, even as local players have consistently post strong, double-digit growths since the start of the current year.

Posted: November 10th, 2014 in Latest Business Stories | Read More »

PH vehicle sales for 2015 seen hitting 300,000 units

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Vehicle sales in the Philippines are expected to reach 300,000 units by 2015, on the back of a robust economy, growing middle class and increased remittances from overseas Filipino workers.  FILE PHOTO

Vehicle sales in the Philippines are expected to reach 300,000 units by 2015, on the back of a robust economy, growing middle class and increased remittances from overseas Filipino workers.

Posted: October 17th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Vehicle sales up 41% in September

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Vehicle sales in the Philippines are expected to reach 300,000 units by 2015, on the back of a robust economy, growing middle class and increased remittances from overseas Filipino workers.  FILE PHOTO

The Philippine automotive sector continued its stellar performance in September, as it posted a 41.7-percent surge in vehicle sales to 20,924 units, reportedly a record high in monthly sales of members of the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi).

Posted: October 10th, 2014 in Editor's Pick,Headlines | Read More »

Local vehicle industry expects record sales by yearend

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FILE PHOTO

The country’s vehicle industry is expected to shrug off last month’s lackluster sales and post record numbers for the rest of the year, fueled by bright economic prospects and relatively low interest rates.

Posted: September 27th, 2014 in Headlines,Latest Business Stories | Read More »

Automakers see continued robust PH demand

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FILE PHOTO

Members of the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) unveiled new models and concept cars at the 5th Philippine International Motor Show on Thursday, as local automotive firms seek to tap the continued and robust growth in demand for vehicles in the country.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

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