Flash Reports

February 2014 Philippines car market keep running. Mitsubishi will open a plant.

In February 2014, accordingly with data reported by AVID and CAMPI (the Chamber of Automotive Manufacturers of the Philippines), the light passenger vehicles sold in Philippines have been 19.305, up 16.1% from year ago, keeping a strong growing trend started almost two years ago. Year to date sales were 37.957, up 20.9% from last year announcing that this will be again a record sales for this market.

The market is now address of many attentions from top global automotive players. Last year Volkswagen started importing vehicles with a new distribution agreement while on March 31st, Japan’s Mitsubishi Motors announced it has bought the site of a former auto plant in the Philippines from Ford Motor Co, beefing up production as it targets a near-50% sales boost in fast-growing Southeast Asia markets.

Toyota dominates with 6.9k retailed in February and a share of 35.7%, followed by Mitsubishi with 4.4k sales and 22.8% of share. In third, Hyundai sales speed was lower at 1.7k sales with share down at 8.9% from 12% of January.

Ford posted a 48% YoY  jump in its vehicle sales in February to 1.277 units, driven largely by the solid performance specifically of its pickup trucks.

In the interactive tables below you can sort thru the All brands and Best-selling models as you like:

Rank Feb
Rank 2014
Brand
Feb
Ytd 2014
I Half ’13
Q3 2013
Q4 2013
Jan
Feb
2014
1 1 Toyota 6.889 13.916 34,1% 36,5% 37,6% 37,7% 35,7% 36,7%
2 2 Mitsubishi 4.409 7.820 21,0% 19,5% 20,5% 18,3% 22,8% 20,6%
3 3 Hyundai 1.710 3.953 10,8% 10,2% 10,0% 12,0% 8,9% 10,4%
4 4 Ford 1.277 2.353 6,1% 6,6% 6,4% 5,8% 6,6% 6,2%
5 6 Isuzu 1.033 1.949 5,7% 5,6% 5,5% 4,9% 5,4% 5,1%
6 5 Honda 1.002 2.057 7,2% 6,3% 4,9% 5,7% 5,2% 5,4%
7 7 Chevrolet 618 1.248 2,3% 2,1% 2,8% 3,4% 3,2% 3,3%
8 9 Kia 611 1.142 2,9% 3,1% 2,5% 2,8% 3,2% 3,0%
9 8 Nissan 584 1.239 4,0% 3,5% 3,5% 3,5% 3,0% 3,3%
10 10 Suzuki 478 950 2,3% 2,5% 2,3% 2,5% 2,5% 2,5%
11 11 Subaru 246 437 1,4% 1,4% 1,5% 1,0% 1,3% 1,2%
12 12 Mazda 220 424 0,9% 1,4% 1,4% 1,1% 1,1% 1,1%
13 13 BMW 50 95 0,3% 0,3% 0,3% 0,2% 0,3% 0,3%
14 16 Peugeot 40 69 0,1% 0,1% 0,0% 0,2% 0,2% 0,2%
15 14 Lexus 37 72 0,2% 0,2% 0,2% 0,2% 0,2% 0,2%
16 15 Mercedes 31 71 0,2% 0,2% 0,2% 0,2% 0,2% 0,2%
17 19 Mini 14 21 0,1% 0,1% 0,1% 0,0% 0,1% 0,1%
18 17 Audi 11 34 0,2% 0,1% 0,1% 0,1% 0,1% 0,1%
18 20 Porsche 11 20 0,0% 0,0% 0,0% 0,0% 0,1% 0,1%
19 20 Dodge 10 20 0,0% 0,0% 0,0% 0,1% 0,1% 0,1%
19 20 Jeep 10 20 0,1% 0,0% 0,1% 0,1% 0,1% 0,1%
20 18 Volvo 9 25 0,1% 0,0% 0,0% 0,1% 0,0% 0,1%
21 21 Chrysler 5 17 0,1% 0,0% 0,1% 0,1% 0,0% 0,0%

Give a look at:

Focus2move is releasing exclusive reports on Top Brands Global Performance. Please give a look at these:

 

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