BusinessWorld
February 12, 2021 | 12:31 am
Car sales slipped by 1.4% in January, industry data showed. PHILIPPINE STAR/MICHAEL VARCAS
THE AUTO INDUSTRY is showing hints of recovery, as car sales in January dipped by 1.4% year on year, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported on Thursday.
The joint report said that sales fell to 23,380 units in January, from 23,723 in the same month in 2020, as passenger car sales growth failed to offset the continued drop in commercial vehicle sales.
In a statement, CAMPI said the slight year-on-year decline in January sales was a “positive sign” that the industry was slowly recovering.
Published February 12, 2021, 5:30 AM
Isuzu Philippines Corporation (IPC), the exclusive assembler, importer, and distributor of brand-new Isuzu commercial vehicles (CVs) and light commercial vehicles (LCVs) in the country, has once again come out on top in the joint sales report of the Truck Manufacturers Association Inc. (TMA) and the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) covering the period from January to December 2020.
The report showed that IPC sold 2,322 units of its N-Series light duty trucks, cornering the top spot in Category III with a 53% market share. It also led Category IV by selling 1,064 units of its F-Series medium-duty trucks, for a 38% share. It was no different in Category V, where the C&E-Series heavy-duty trucks lorded over the competition by selling 320 units for a 35% share. Combined, IPC’s overall commercial vehicle (CV) sales in Categories III, IV and V accounted for 3,707 units, or 45.2% of the market share.
Published February 8, 2021, 12:34 PM
Nissan starts the new year with an updated Nissan Terra VL variant. For 2021, mid-size SUV gets enhanced exterior and interior styling.
Among the changes on the exterior are a gloss black front radiator grille, gloss black front bumper and fog lamp accents, and gloss black door handles and door mirrors. It also has a dark chrome rear license plate finisher, gloss black side steps, and gloss black alloy wheels. The new interior features dark chrome accents and dual-tone leather seat trims.
The Terra VL comes equipped with a range of Nissan Intelligent Mobility technologies, among them is the Nissan Advanced Display Audio.
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) released their results back in January, revealing that the Philippine automotive industry took a
40% hit in terms of volume. All manufacturers felt the sting because of the COVID-19 pandemic. While there was a large drop in terms of sales, some nameplates endured and still came out on top, while other brands also stood their ground. In 2020, the industry shrank a sizeable margin. Many people have resorted to keeping their purchases scarce in order to combat the economic downturn that the Philippines experienced in the year prior.
However, now that things are starting to pick up again, here’s a list of the top 10 best-selling cars during the year of the pandemic in the Philippines brought to you by CAMPI.