Philippines Vehicles Market in July boomed at 40.9% with 42.989 sales. Toyota soared 68.6% – holding a huge 44.2% of market share – while Suzuki and Subaru were the best Top 10 brands, booming over 150%. Hyundai lost the podium, scoring a disappointing -34.9%.
Philippines Vehicles Market fell down 11.8% in 2018 with registrations at 413.216, interrupting the great trend of previous years, largely affected by the “TRAIN” tax introduction. Toyota led the market – down 12.8% – while Nissan gained the 4th place.
Philippines Vehicles Market in the 2017 hit the fifth all time record in a row, just before the Tax Reform, which has introduced higher duties on vehicles and fuel. The market grew near 500.000 units with Toyota leader ahead of Mitsubishi and Hyundai.
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 Auto sales boomed 32% in the first half 2016 driven by high fixed investment and private consumption. The market is projected to enter within the top 30 world’s market this year.
Philippines Vehicles Market in Q1 2016 kept the winning pace with sales up 7 percent following the astonishing 2015 increase. Suzuki was the fastest brand while Ford is losing terrain from the top.
Philippines Vehicles Market in 2015 celebrates the 7th all time record in a row with sales above the 300.000 for the first time and a volume improved over 300% in the last 7 years. Toyota dominates.
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.
February 2014 was another fantastic month for the car market in Philippines that kept the pace as fastest growing market in the ASEAN zone. Mitsubishi, the second player, acquired a former Ford plant to support expansion plans.
January 2014 scored a new record, the best retail level for January ever for the Philippines car market, with a huge increase from year ago. Philippines confirmed to be one of fastest growing car market in the World, following two consecutive record years.
November 2013 the Philippine’s car market kept the momentum posting the twenties year on year increase in a streak and being one of the best worldwide. The market leader, Toyota, is fully taking the volume opportunity and boomed share above 40%.
October 2013 Philippines car sales were flat on previous year, following a long series of sevenths consecutive growth, keeping track toward the new All-Time volume record. Market is dominated by Japanese brands with the exception of Ford.
Buoyed by a burgeoning middle class and greater availability of financing, the Philippines’ automotive sector is set for strong growth this year, with sales for the usually slow month of August hitting a record high.
The Philippines car market momentum continued in the last quarter of 2012 and the final year sales grew at the new all-time record, up 20.9% from last year. Japanese brands lead the market with Toyota at 35% of market share.