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Showing posts with label PHL Auto Industry. Show all posts
Showing posts with label PHL Auto Industry. Show all posts

November 4, 2024

September 2024 New Car Sales Hold Steady As Chinese Brands Take 5.44 Percent Market Share


New vehicle sales remained steady last September, moving a total of 39,542 units. This is a one percent growth compared to the 39,155 units sold in August and a 2.4 percent growth (38,628) compared to September 2023. This is according to the joint report of the Chamber of Automotive Manufacturers, Inc. and the Truck Manufacturers Association (CAMPI-TMA).

October 30, 2024

Omoda & Jaecoo PH Quietly Appoints New Country Director


Its products have yet to hit showrooms, but there’s already a new person in charge over at Omoda and Jaecoo Philippines. The transition happened rather quietly (and suddenly) this week after the conclusion of the 12th Philippine EV Summit.

October 17, 2024

GAC Motor Cements Itself As Philippines' 2nd Best-Selling Chinese Brand


Astara-backed GAC Motor Philippines is now the second best-selling Chinese car brand thanks to an outstanding year-to-date sales performance this 2024. From January to September, the brand recorded a 106 percent increase in sales compared to the same period last year, with a total of 2,511 units sold.

October 15, 2024

Hyundai Motor PH Announces Appointment Of New President


Hyundai Motor Philippines (HMPH) has announced the appointment of a new president: Jiho Son. Mr. Son replaces Dongwook Lee who has served as HMPH’s president since the brand’s inauguration in June 2022.

September 28, 2024

Ayala Drops KTM And Husqvarna Brands


Adventure Cycle Philippines, Inc. (ACPI), operated by Ayala Corporation, is ceasing its operations as the official Philippine distributor of KTM and Husqvarna starting October 1, 2024 eight years since they got the brand. The announcement was made on the brands’ respective social media channels.

September 15, 2024

BYD Is Now The Philippines' Best-Selling EV, 2nd Best Selling Hybrid Brand


During the opening of the new BYD Experience Hub in Glorietta 1, Bob Palanca, the Managing Director for BYD Cars Philippines, says the brand is now the number one New Energy Vehicle (NEV) brand in the Philippines.

September 5, 2024

Ford Philippines Appoints New Managing Director


Ford Motor Company has announced the appointment of Pedro Simoes as managing director, Ford Group Philippines, effective December 1. Pedro is currently marketing, commercial vehicle and fleet director, Ford Middle East. He will succeed Michael “Mike” Breen who will be repatriating back to the US.

September 3, 2024

JAC Motors Believes Now Is The Right Time To Enter The Philippine Market


JAC Motors believes that now is the right time to enter the Philippine market. Four months after JAC, as a brand, was previewed at the Manila International Auto Show (MIAS), the state-owned automaker based in Anhui, believes they’re more than ready to serve the local car buying public.

August 12, 2024

Mitsubishi Motors PH Just Hit 20 Percent Market Share


Mitsubishi Motors Philippines Corporation (MMPC) brought select members of the media to Thailand to watch the 2024 Asia Cross Country Rally. During the welcome dinner, Executive Vice President for Sales and Marketing Toshiaki Kato shared some exemplary numbers.

July 30, 2024

Chevrolet Switches Distributors In The Philippines


Chevrolet has officially switched distributors. Formerly distributed by The Covenant Car Company, Inc. (TCCCI), it’s now being distributed by HARIPHIL Asia Resources, Inc.

Will Unchecked Electrified Vehicle Subsidies Cause Problems For The PH Auto Industry?


Will unchecked subsidies, or in the case of the Philippines, tax incentives on electrified vehicles, lead to a collapse of the local automotive manufacturing sector? That may be the case if we were to look at possible lessons learned from our neighbor Thailand where several car makers have started consolidating their manufacturing bases and some auto parts suppliers have begun to close.

Here's Your Full June (And H1) 2024 New Car Sales Breakdown


New car sales experienced a slight decline in June 2024 with a 2.9 percent decrease compared to the previous month. This was shown in the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).

July 20, 2024

Geely's Change Of Distributor Announcement Is The Latest And, Likely Last, PR Blunder From SGAP


Sojitz G Auto Philippines (SGAP) has officially dropped the Geely brand. Despite ceasing being the Chinese brand’s official distributor of vehicles and parts since July 1, they only made the official announcement (posted on their official website) last Friday, July 19, 2024.

July 15, 2024

GAC Motor PH Achieve Record H1 Sales In 2024; To Expand Line-Up With 6 New Models In Next 6 Months


GAC Motor, under Astara Philippines, celebrated several business milestones during the first half of 2024. Highlights included a record increase in sales volume for the first half of 2024, the introduction of additional models in the next six months, and the expansion of its dealer network.

July 10, 2024

Ford Ranger Sales Are Up 29 Percent For First Half 2024


Ford Philippines delivered another solid retail performance for the first six months of the year, with overall sales reaching 14,460 units.

June 21, 2024

New Car Sales Break Month-On-Month Slump With 8 Percent Growth In May 2024


Improvements in vehicle supply and continued strong demand has pushed vehicle sales up month-on-month. May’s 8 percent growth versus April 2024 breaks the two-month slump that members of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and Truck Manufacturers Association (TMA) faced. It is also a 5.5 percent growth compared to May 2023.

June 12, 2024

Seres Is Now A Member Of Electric Vehicle Association Of The Philippines


The Electric Vehicle Association of the Philippines (EVAP) announces the addition of QSJ Motors Philippines to its growing roster of members. The announcement coincides with the official launch of the Chinese New Energy Vehicle (NEV) brand, Seres.

June 11, 2024

April 2024 New Car Sales Dip Slightly As Chinese Brands Corner 6 Percent Market Share


In time for April Fools, the CAMPI-TMA secretariat put out a gag order on releasing the full breakdown of monthly new car sales. In fact, the only source would be the official press release which only gives a snap shot of how car sales are faring. Having said that, we have our ways. It may be a month late, but we still managed to get the full breakdown for you, our dear readers, to browse through.

June 8, 2024

GAC Motor PH Has Sold Over 1,500 GS3 Emzoom Crossovers


On the eve of the Emzoom’s launch anniversary under the distributorship of Astara Philippines, GAC Motor Philippines announces that they’ve managed to surpass the 1,500-unit mark for retail sales of the GS3 Emzoom crossover.

June 2, 2024

Motorcycle Development Program Participants Association Welcomes New Board For 2024


The Motorcycle Development Program Participants Association, Inc. (MDPPA), a consortium of leading motorcycle brands in the Philippines, recently entered a new chapter in its efforts to empower motorcycle industry stakeholders as it welcomed its newest Board of Directors, who reiterated their commitment to promoting global competitiveness and sustainable development for the industry.