Philippines Auto Sales 2016 hit the fifth All Time Record in a series, joining the Top 30 World’s market for the very first time. Toyota led again the market while Hyundai outpaced Ford for the third place.
After Q3’s impressive GDP reading, recent high frequency indicators suggest that growth in the Philippines likely moderated in the final quarter of the year. Growth in manufacturing activity, despite remaining robust, most probably slowed slightly in the fourth quarter according to leading indicators.
Moreover, the typhoon that hit the Philippines in December caused extensive damage, cutting off power to millions and negatively affecting agricultural production.
The automotive industry is a key fuel of booming economy and in the 2016 has beaten many records. The domestic sales hit the all time record for the 5th year in a row, outpacing the milestone of 0.4 million vehicles, just four years after having outplaced the 0.2 million, showing the best trend in the World.
According to data reported by AVID, Campi and TMA, vehicles sales had been 419.063, near 100.000 more than in the previous year, up 27.4%, the second best annual increase among the Top 60 vehicles market in the World (a 0.1 less than the best, Iran).
Toyota improved sales by 25.4% at 158.715 units and was followed by Mitsubishi (+13.1%), Hyundai (+52.8%), Ford (+32.8%) and Isuzu (+21.2%).
Research, Consulting, Data & Forecast
F2M covers intensively this market with several products developed to help any investigation required.
Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2022.
Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.
All these and more within our Philippines Store
Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.
|Rank 2016||Rank 2015||BRAND||Sales 2016||Sales 2015||Variation 2016||Share 2016||Share 2015|
|Rank 2016||Rank 2015||Group||Sales 2015||Sales 2016||Variation 2016||Share 2016||Share 2015|