Philippines Vehicles Market in October kept he momentum fueled by the economic activity expansion and running towards the half million sales milestone. Government anticipated the release of new duties on the sector and 2018 optimistic forecast could be revised.
Philippines Automotive industry outlook is almost positive for 2017 and next years with a target of 0.6 million sales by the 2022. The local capacity will more than double from the current 0.25 million.
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.
Philippines new vehicles market up over 20% at September 2015 running again for the all-time record and for the first time above the 300.000 units in a year. New data are reported including commercial vehicles.
Philippines best selling cars. The top 100 models in the 2015 are led by a group of Toyota models with Vios best-selling model followed by SUV Fortuner and the MPV Innova. First non-Toyota was the Mitsubishi Montero.
Philippines Vehicles Sales Statistics reported a new record in H1 2015 despite June sales fell 4% first time after 19th winning times. The year is foreseen on the sky. Toyota Vios is the best-selling model.
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.
In 2014 Philippines Cars Market hit the New All Time record, the third in a row advancing in 36th place inside the global auto ranking. The country is a feud of Toyota while Ford and Chevrolet scored great improvements.
Philippines Vehicle Market roars 42% in September, the best performance in an already amazing 2014, the best ever year for the this country. All brands outperformed except Nissan with Toyota jumps up in the sky.
Philippines Vehicle Sales boomed 28% in July keeping the impressive momentum started over two years ago and posting the 28th year on year winning month in a row. Toyota was first time ever above the 10.000 units in a single month.