Philippines car

Philippines January. TRAIN tax introduction hit the market

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. 

March 13, 2018

Philippines 2017. Vehicles market hit the 5th record in a row

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.

January 31, 2018

Philippines 2016. Market up 27% hitting new record

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.

February 21, 2017

Philippines Q3 2016. The party goes on.

Philippines Cars Sales in Q3 2016 kept the double figures pace, positively influenced by the new government’s policies. Toyota led again the market with a huge gap over Mitsubishi, Ford and Hyundai.

November 23, 2016