REUTERS

MOTOR VEHICLE output in the Philippines grew 14.6% in June to 10,288 units, posting the second-strongest growth in the region, the ASEAN Automotive Federation (AAF) said.

In a report on Thursday, the AAF said June production exceeded the year-earlier total of 8,978 units.

It said the Philippine auto industry outperformed the region’s 16.7% decline.

Myanmar posted output growth of 60.7% to 225 units in June.

The rest of the region posted declines led by Thailand with -20.1% to 116,289. Also declining in output were Indonesia (-16.9%), Malaysia (-14.2%), and Vietnam (-12.1%).

In the first half, the Philippine auto industry also posted the second-strongest growth rate in the region with 13.4% year on year to 64,333 units.

Myanmar posted 366.4% growth during the half to 1,068 units.

Third was Malaysia with 8.1% to 392,052 units.

Posting output declines were Indonesia (-20%), Thailand (-17.4%), and Vietnam (-9.3%).

Regionwide, production declined 12.7% year on year to 1.85 million during the half.

The Philippines was also the second strongest in output growth of motorcycles and scooters, even with a 2.6% decline to 108,346 units.

The regional average was a 5.1% decline to 861,173 units in June. The leader with 1.9% growth was Indonesia with 554,037 units.

Thailand posted a 24.4% decline in production, while Malaysia output growth was -7.4%.

In the first half, motorcycle and scooter production in the Philippines dropped 4% year on year to 652,374 units, the second-strongest growth performance in the region, after Indonesia, where output fell 1.7% to 3.41 million.

Malaysia and Thailand posted output growth rates of -15.2% and -11.8%, respectively.

The four countries produced around 5.32 million motorcycles and scooters in the first half, down 4.8% from the same period last year. — Justine Irish D. Tabile