• CAR INDUSTRY POSTS RECORD SALES FIGURE LAST YEAR

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    Automotive manufacturers on Tuesday said that 2013 was a very fruitful year for them, and see full-year sales breaching 200,000 units.

    Based on the figures issued by its joint marketing committee, the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA), said that their sales reached 181,283 units for 2013, reflecting a 16-percent rise from the 156,649 units sold by them for the whole of 2012.

    Rommel Gutierrez, Campi president, said that adding sales from those not members of Campi and TMA, “this is the first time that the industry has crossed the 200,000-unit mark.”

    The year 2013 started with the industry projecting a sales target of 200,000 units, which was eventually adjusted at midyear to 210,000 units.

    The country’s automotive manufacturers also for the first time hurdled passed the 17,000-unit mark in December after sales reached 17,185 units, 8 percent higher than the November 2013 sales of 15,917 and 11.8 percent higher compared to the figure recorded in December 2012.

    The key driver for automotive manufacturers was the passenger car segment, of which sales grew by 26 percent to 61,083 units compared to the 48,488 units delivered in 2012.

    “This growth in the passenger car sales was largely fueled by the successful introduction of several new models and the entry of new players in the market,” Gutierrez said.

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