Flash Reports

Philippines Vehicles Sales are on fire running at +30% speed.

Philippines Vehicles Toyota-RAV4_Hybrid_2016

Philippines Vehicles Sales are on fire running at +30% speed compared with last year record and projecting the 2015 market around 320.000 units. A big party, mainly for Toyota that is holding eight models out of the best twelve.

Economic Outlook

The Philippine economy expanded at a solid pace last year. While private consumption was strong throughout the year, public spending was weak during the first three-quarters of 2014.

However, government consumption recovered in Q4 and the fiscal stance will likely turn more expansionary this year, as the government is implementing its huge public-private partnership program in an effort to reduce the country’s concerning infrastructure gap.

Recent indicators confirm that economic activity was healthy in Q1: in March, remittances—a main determinant of private consumption—recorded the largest expansion in over six years and exports finally rebounded after three months of contraction.

Market Outlook

Considering theta the 100.000 annual sales had been outpaced just in the 2007, the Philippines automotive industry is progressing with giant steps. In the 2014 market hit the last record with sales above 269.000 units jumping in the 36th world place.

However, all observers agree that the beauty has to come and the current rapid increase of income will support a wonderful increase in the private purchase with cars on top of the list.

And indeed, the 2015 started almost well. according with data assembled by focus2move taking release from AVID and CAMPI (the Chamber of Automotive Manufacturers of the Philippines) and by independent importers,  the new Light Passengers Vehicles sold in Philippines in the first four-month of the year had been 108.545, up a huge 31.7% from the correspondent period last year.

In April sales ha been 29.103  up 30.7%, posting the 18th Y.o.Y. consecutive increase.

Competitive Arena

The market is a Toyota feud and sales in this first portion of the year had been again in this direction with the Japanese giant registering a new record with sales up 50% at 47.079 and market share further improved at 43.4%.

Mitsubishi was second with 15.812 sales, -4.2% while Ford was third with 9.189 units, +73.6%.

As far as the car group’s performance, Toyota dominate with 43.6% followed by Mitsubishi at 14.5%, Ford at 8.5% and Hyundai Group at 7.7%.

As far as best-selling models, Toyota hold the best four places and has eight models in the top twelve. The leader was the Vios with 11.378 sales so far this year (+33.5%) followed by the Fortuner with 8.196 (+47.3%), the Innova with 6.489 (+31.2%) and the Hiace with 5.961 (+117.1%).

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 Apr Rank Ytd Brand Sales Apr Sales YtD Var Apr Var Ytd Share Apr Share Ytd
1 1 Toyota 12.929 47.079 47,4% 50,0% 44,4% 43,4%
2 2 Mitsubishi 4.522 15.812 4,1% -4,2% 15,5% 14,6%
3 3 Ford 2.240 9.189 35,8% 73,6% 7,7% 8,5%
4 4 Isuzu 1.535 6.235 26,4% 36,5% 5,3% 5,7%
5 5 Honda 1.450 5.731 55,7% 34,9% 5,0% 5,3%
6 7 Chevrolet 1.180 4.245 58,2% 54,9% 4,1% 3,9%
7 8 Nissan 1.122 4.204 79,2% 68,8% 3,9% 3,9%
8 6 Hyundai 1.098 4.618 -46,3% -40,3% 3,8% 4,3%
9 9 Kia 1.080 3.770 64,4% 53,5% 3,7% 3,5%
10 10 Suzuki 793 3.527 59,6% 81,4% 2,7% 3,2%
11 11 Mazda 447 1.532 105,0% 78,1% 1,5% 1,4%
12 12 Subaru 289 1.072 5,9% 9,1% 1,0% 1,0%
13 13 Lexus 80 257 166,7% 90,4% 0,3% 0,2%
14 15 Mercedes 62 203 47,6% 24,5% 0,2% 0,2%
15 14 Volkswagen 56 226 91,2% 92,9% 0,2% 0,2%
16 16 BMW 53 199 -11,7% -7,4% 0,2% 0,2%
17 17 Peugeot 44 172 46,7% 33,3% 0,2% 0,2%
18 18 Jeep 30 110 500,0% 175,0% 0,1% 0,1%
19 19 Audi 24 93 140,0% 66,1% 0,1% 0,1%
20 20 Porsche 20 80 66,7% 81,8% 0,1% 0,1%
21 21 Mini 19 58 5,6% 1,8% 0,1% 0,1%
22 22 Tata 11 44 #DIV/0! #DIV/0! 0,0% 0,0%
23 23 Dodge 6 33 20,0% -17,5% 0,0% 0,0%
24 24 Volvo 4 19 -60,0% -57,8% 0,0% 0,0%
25 26 Chrysler 3 10 -40,0% -66,7% 0,0% 0,0%
25 25 BYD 3 16 -40,0% 6,7% 0,0% 0,0%
26 27 Lamborghini 2 7 100,0% 75,0% 0,0% 0,0%
27 28 Bentley 1 4 -50,0% -20,0% 0,0% 0,0%

Rank Apr Rank Ytd Group Sales Apr Sales YtD Var Apr Var Ytd Share Apr Share Ytd
1 1 Toyota 13.009 47.336 47,8% 50,1% 44,7% 43,6%
2 2 Mitsubishi 4.522 15.812 4,1% -4,2% 15,5% 14,6%
3 3 Ford 2.240 9.189 35,8% 73,6% 7,7% 8,5%
4 4 Hyundai-Kia 2.178 8.388 -19,4% -17,7% 7,5% 7,7%
5 5 Isuzu Motors 1.535 6.235 26,4% 36,5% 5,3% 5,7%
6 6 Honda 1.450 5.731 55,7% 34,9% 5,0% 5,3%
7 7 General Motors 1.180 4.245 58,2% 54,9% 4,1% 3,9%
8 8 Renault-Nissan 1.122 4.204 79,2% 68,8% 3,9% 3,9%
9 9 Suzuki 793 3.527 59,6% 81,4% 2,7% 3,2%
10 10 Mazda 447 1.532 105,0% 78,1% 1,5% 1,4%

Rank Apr Rank 2015 Model Sales Apr Sales Ytd Var Apr Var Ytd Share Apr Share 2015
1 1 Toyota Vios 2.845 11.378 33,5% 33,5% 10,1% 10,1%
2 2 Toyota Fortuner 2.049 8.196 47,3% 47,3% 7,3% 7,3%
3 3 Toyota Innova 1.622 6.489 31,2% 31,2% 5,8% 5,8%
4 4 Toyota Hiace 1.490 5.961 117,1% 117,1% 5,3% 5,3%
5 5 Mitsubishi Montero 1.468 5.873 8,8% 8,8% 5,2% 5,2%
6 6 Toyota Wigo 1.084 4.337 172,0% 172,0% 3,9% 3,9%
7 7 Ford Ecosport 813 3.251 468,4% 468,4% 2,9% 2,9%
8 8 Toyota Corolla 810 3.238 93,3% 93,3% 2,9% 2,9%
9 9 Honda City 783 3.133 44,2% 44,2% 2,8% 2,8%
10 10 Mitsubishi Mirage G4 769 3.074 52,6% 52,6% 2,7% 2,7%
11 11 Toyota Avanza 763 3.051 24,4% 24,4% 2,7% 2,7%
12 12 Toyota Hilux 697 2.789 22,5% 22,5% 2,5% 2,5%
13 13 Hyundai Accent 640 2.558 89,8% 89,8% 2,3% 2,3%
14 14 Mazda3 591 2.365 945,1% 945,1% 2,1% 2,1%
15 15 Mitsubishi Adventure 563 2.253 5,5% 5,5% 2,0% 2,0%
16 16 Ford Ranger 550 2.200 12,6% 12,6% 2,0% 2,0%
17 17 Mitsubishi Mirage 548 2.190 47,1% 47,1% 1,9% 1,9%
18 18 Chevrolet Trailblazer 505 2.019 97,5% 97,5% 1,8% 1,8%
19 19 Mazda CX-5 467 1.868 637,9% 637,9% 1,7% 1,7%
20 20 Kia Picanto 448 1.793 154,7% 154,7% 1,6% 1,6%
21 21 Nissan Urvan 413 1.652 38,7% 38,7% 1,5% 1,5%
22 22 Isuzu Crosswind 403 1.613 -8,6% -8,6% 1,4% 1,4%
23 23 Mitsubishi Strada 360 1.439 46,7% 46,7% 1,3% 1,3%
24 24 Toyota RAV4 350 1.399 261,1% 261,1% 1,2% 1,2%
25 25 Toyota Prado 347 1.389 868,4% 868,4% 1,2% 1,2%
26 26 Suzuki Ertiga 324 1.294 1,1% 1,1%
27 27 Isuzu D-Max 319 1.276 2,5% 2,5% 1,1% 1,1%
28 28 Chevrolet Spin 297 1.187 344,8% 344,8% 1,1% 1,1%
29 29 Nissan X-Trail 293 1.171 1566,1% 1566,1% 1,0% 1,0%
30 30 Toyota Camry 285 1.141 618,3% 618,3% 1,0% 1,0%

To know all about the Philippines car market, just purchase the Philippines 2015 Car Book:

 

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