New car sales in the Philippines jumped 21.6 percent in August compared to the same period last year. Based on the report by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA), new vehicle sales reached 36,714 units compared to 30,185 units in the same month last year.
Toyota Motor Philippines remained August 2023’s best-selling vehicle brand with 16,637 units sold or a 45.32 percent market share. They’re followed by Mitsubishi Motors Philippines with 6,608 units (18 percent) and Ford Philippines with 3,089 units (8.41 percent). Completing the Top 5 are Nissan Philippines with 2,199 units (5.99 percent) and Suzuki with 1,647 units (4.49 percent).
Interestingly, despite all the hoopla surrounding Geely’s aftersales service, sales in the beleaguered Chinese brand remained steady. Last August, they’ve sold 676 units or a 1.84 percent share of the Philippine market. It’s also a 3.5 percent improvement over 2022 figures. That said, Geely’s sales is almost flat compared to previous months despite the launch of the GX3 Pro sub-compact SUV.
Other Chinese brands didn’t fare better. GAC Motor sold 192 units in August (0.52 percent market share)—a drop of 4 percent compared to August 2022. Chery Auto sold more at 324 units—a 0.88 percent share of the market. However, this is also a decline of 19.6 percent compared to August 2022. Foton, meanwhile got hit especially hard last month. Their 254 units sold is 17 percent lower than the same month in 2022.
In the first eight months of 2023, CAMPI-TMA members reported a total of 276,215 units sold—a 29.8 percent increase compared to the 212,872 units from January to August 2022.
Passenger Cars (PCs) made up 25.51 percent of the overall market or 70,451 units. This figure is up 35.3 percent higher than 2022. Meanwhile, Commercial Vehicles (CV) made up 74.49 percent of the industry or 205,764 units. This is 28 percent higher than August 2022’s 160,790 units.
In terms of overall sales, Toyota remains the Philippines’ best-selling brand with 126,795 units sold for the first eight months of 2023. This is enough for a 45.9 percent market share. Mitsubishi Motors Philippines is in second with 50,439 accumulated sales (18.26 percent) and Ford Philippines in third with 19,700 units (7.13 percent). Nissan Philippines is in fourth with 17,873 units (6.47 percent) and Suzuki Philippines is in fifth with 11,821 units (4.28 percent).
Philippine New Car Sales Ranking August 2023
Philippine New Car Sales Ranking August 2023
- Toyota – 16,637 units (45.32 percent)
- Mitsubishi – 6,608 units (18 percent)
- Ford – 3,089 units (8.41 percent)
- Nissan – 2,199 units (5.99 percent)
- Suzuki – 1,647 units (4.49 percent)
- Isuzu – 1,576 units (4.29 percent)
- Honda – 1,273 units (3.47 percent)
- Hyundai – 839 units (2.29 percent)
- Geely – 676 units (1.84 percent)
- Kia – 539 units (1.47 percent)
- Chery – 324 units (0.88 percent)
- Foton – 254 units (0.69 percent)
- Hino – 246 units (0.67 percent)
- Mazda – 170 units (0.46 percent)
- Fuso – 83 units (0.23 percent)
- BMW – 80 units (0.22 percent)
- JMC – 77 units (0.21 percent)
- Mercedes-Benz – 67 units (0.18 percent)
- Others – 32 units (0.09 percent)
- Peugeot – 28 units (0.08 percent)
- MAN Trucks – 20 units (0.05 percent)
- Jaguar Land Rover – 17 units (0.05 percent)
- Volkswagen – 16 units (0.04 percent)
- IVECO – 12 units (0.03 percent)
- Kaicene – 6 units (0.02 percent)
- Tata – 5 units (0.01 percent)
- Volkswagen Trucks & Buses – 1 (0.00 percent)
- SsangYong – 1 (0.00 percent)
- Toyota – 126,795 units (45.9 percent)
- Mitsubishi – 50,439 units (18.26 percent)
- Ford – 19,700 units (7.13 percent)
- Nissan – 17,783 units (6.47 percent)
- Suzuki – 11,821 units (4.28 percent)
- Honda – 11,385 units (4.12 percent)
- Isuzu – 11,350 units (4.11 percent)
- Hyundai – 5,744 units (2.08 percent)
- Geely – 5,349 units (1.94 percent)
- Kia – 3,410 units (1.23 percent)
- Chery – 2,395 units (0.87 percent)
- Foton – 1,841 units (0.67 percent)
- Hino – 1,642 units (0.59 percent)
- Mazda – 1,361 units (0.49 percent)
- GAC Motor – 1,017 units (0.37 percent)
- JMC – 806 units (0.29 percent)
- BMW – 782 units (0.28 percent)
- Fuso – 658 units (0.24 percent)
- Mercedes-Benz – 627 units (0.23 percent)
- Others – 340 units (0.12 percent)
- Jaguar Land Rover – 260 units (0.09 percent)
- Peugeot – 215 units (0.08 percent)
- Volkswagen – 172 units (0.06 percent)
- Tata – 107 units (0.04 percent)
- MAN Trucks – 36 units (0.01 percent)
- IVECO – 27 units (0.01 percent)
- Kaicene – 26 units (0.01 percent)
- Chengdu Daiyun / Mahindra – 25 units (0.01 percent)
- Volkswagen Trucks & Buses – 7 units (0.00 percent)
- SsangYong – 5 units (0.00 percent)
- Toyota – 5,361 units (53.11 percent)
- Mitsubishi – 2,031 units (20.12 percent)
- Suzuki – 912 units (9.04 percent)
- Honda – 648 units (6.42 percent)
- Nissan – 515 units (5.1 percent)
- Geely – 269 units (2.66 percent)
- Kia – 104 units (1.03 percent)
- BMW – 80 units (0.79 percent)
- Mercedes-Benz – 57 units (0.56 percent)
- Mazda – 44 units (0.44 percent)
- Toyota – 11,276 units (42.36 percent)
- Mitsubishi – 4,577 units (17.19 percent)
- Ford – 3,064 units (11.51 percent)
- Nissan – 1,684 units (6.33 percent)
- Isuzu – 1,576 units (5.92 percent)
- Hyundai – 839 units (3.15 percent)
- Suzuki – 735 units (2.76 percent)
- Honda – 625 units (2.35 percent)
- Kia – 435 units (1.63 percent)
- Geely – 407 units (1.53 percent)
Glad to see Hyundai clawing back up on the list. I suppose it’s proof the company made the right move in taking over most of its PH operations.
ReplyDeletePh car buyers has already a feedback from those who bought china cars. MG feedback on reliability/durability very not good, chery also has reliability issues but very good on after sales. So far geely has good feedback on reliability/durability but need to improved on after sales service specially parts availability.
ReplyDeleteYep and they must improve and take inspiration from well-known and more established car brands in order to have better reliability.
DeleteMarami pang kakaining bigas
ReplyDeleteHow about Subaru sales sir Uly ty
ReplyDeleteSubaru is part of AVID which hasn't publicly reported sales in quite a while...sadly.
DeleteGeely will always stay at Top 10 as Kia is relying on its dated vehicle lineup
ReplyDeleteAre Chinese cars really reliable and are they built of good quality?
ReplyDeleteYes.
DeleteLots of satisfied thousands of Geely,MG,Chery,Foton and GAC vehicle owners in the Philippines
Not reliable, Lots of head aches, thousands of not satisfied owners are now regretting buying china cars. China home grown brand ICE cars Even in mainland china not selling well because or reliability/durabilty issues. But they are making good quality EV's specially BYD and NIO
DeleteChina ICE cars not reliable/durable vs mainstream brand, but EV's produce by NIO and BYD are good quality as tesla. If you will buy china ICE cars now-soon your car will be orphaned(no spare parts available) as most china car brand now going fast transition on EV and probably will totally abandoned making iCE cars
ReplyDeleteChina ICE cars not good quality, china BYD and NIO EV's good quality. China car brands has already gven up on making ICE cars as they cannot compete with the quality, reljabilty and durability of japan and korea. China cars now fast transitioning into EV's where they have early advantage.
ReplyDelete