Nissan to end car assembly in PHL | BusinessWorld bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
New vehicle sales in the Philippines continued to fall in December 2020, by over 18% to 27,596 units from 33,715 in the same month of the previous year, according to member wholesale data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and the Truck Manufacturers Association (TMA). related to Vehicle markets,
BusinessWorld
January 18, 2021 | 12:03 am
By
Kap Maceda Aguila
THE PHILIPPINE auto industry finally puts a lid on a turbulent 2020 a year when it ended up selling 275,512 units based on reported totals from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), Association of Vehicle Importers and Distributors, Inc. (AVID), and Truck Manufacturers Association (TMA). This figure represents a hefty 40% decline from the 2019 total of 457,110 vehicles sold.
ILLUSTRATION BY: JOY D. DAGUN
CAMPI, TMA
CAMPI and TMA reported a joint sales total of 27,596 units last December growing 19.1% over the previous month’s 23,162. The December 2020 figure is 18.1% below the 33,715 units sold over the same period in 2019.
Coronavirus slams PHL vehicle sales in 2020 bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
The auto industry, like others, is now recovering from an unprecedented crisis
As we enter a recovery phase around the world, we aim to bring you the latest news and intelligence on the speed, nature and shape of the automotive sector s recovery from the COVID-19 pandemic.
This regularly updated article follows on from our COVID-19 daily update article that covered rapidly unfolding crisis developments and their immediate impact on autos (first published March 12).
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