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Local car-making fiscal support unchanged despite sales slump

THE government has no immediate plans to revise a fiscal support program for automotive companies investing in local production after industry sales slumped due to the pandemic.

Car sales plunge during lockdown

AUTOMOTIVE sales plunged to just over a hundred units in April, before recovering in May as lockdown restrictions began easing around the country.

Steady progress in the automotive industry

Yearend review: Motoring perspectives As the automotive industry recovered from the challenges of the previous year and have reached stable growth with new and upgraded...

February vehicle sales decline on new excise tax regime

Automotive sales contracted in February, as the new tax regime that raised excise taxes on vehicles began to bite particularly the passenger car segment. Sales...

Auto sales grow 4% in January

The Philippine automotive industry recorded in January 2018 a 4% sales growth over the same month last year. Based on the joint report issued...

Speed bump or boost?

The Philippines, owing to the sustained growth it has been experiencing in recent years, now has one of the fastest-growing automotive industries in Southeast...

Ford sales pick up 13% in November

SALES of vehicles of Ford Motor Company Philippines, Inc. in November rose 13% from a year ago, an increase the carmaker attributed to “strong...

Auto sales up 8.7% in Aug. – CAMPI, TMA

CAR sales in August rose by 8.7% to 35,309 as most vehicle categories continued to post double-digit growth, the latest industry tally show, bringing...