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July auto sales down over 24% — CAMPI/TMA
AUTO SALES fell 24.1% year-on-year in July, according to a joint monthly report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA).
Car sales and insurance
The country’s insurance sector exhibited another strong growth in 2017. Data from the Insurance Commission (IC) showed that the industry’s total premiums grew to...
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...
A demand for the big and powerful
Buying a car is considered a major decision that involves careful choosing from a plethora of auto types available in the market. Practicality, versatility,...
On upward trajectory
The government has long considered the automotive industry as one of the key drivers of the country’s economy. In the past years, the industry...
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...
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