Philippines Vehicles Market started the 2018 with January up 4% partially hit by the Tax Reform for Acceleration and Inclusion (TRAIN), which came into effect at the beginning of 2018. However, not all makers have yet increased price.
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 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.