Car sales for the first half of this year remained as it posted the highest first semester performance.
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association reported that a total of 87,226 units were sold so far this year, a 20 percent jump from 2012 sales of 72,871 units.
Sales of passenger cars posted a 28 percent rise, compared to January-to-June 2012 sales of 21,908 units.
CAMPI President Rommel Gutierrez said passenger car sales “increased from 30 percent to more than 32 percent for the periods under comparison indicating an improvement in individual buying capacity.”
Gutierrez said commercial vehicles–which make up 68 percent of automotive sales—improved to 59,191 units sold from last year’s 50,963, a 16 percent spike.
Sales of trucks and buses of 968 units was 38 percent higher than last year’s 702 units. Light commercial vehicles increased by 25 percent, from 29,530 units in 2012 to 36,991 this year.
The 14,239 units sold in June were 10 percent lower than May’s 15,859. Compared to June 2012’s 13,697 units sold, the sales were 4 percent higher.
Gutierrez said the slower June sales were expected, since June is school opening month.
“In addition, the announcement of introduction of full model change and entry of new models by the major players has slightly delayed the purchasing decision from the consumers,” Gutierrez said.
He said that following the positive growth in the first half of 2013 and the predicted higher sales in the coming months, the industry is confident it will reach and even exceed the initial 200,000 sales volume target for the entire year.
Gutierrez also welcomed into the local automotive fold Eurobrands Distributor Inc., the local distributor for Peugeot brand, and Berjaya Auto Philippines, Inc., for the Mazda brand.
The top performers for the year’s first half are Toyota Motors Philippines Corporation (34,713 units) taking almost 40 percent of the market share, followed by Mitsubishi Motors Philippines (21,282 units) with 24 percent. On third is Honda Cars Philippines with 7,337 units or 8.4 percent share, Ford Philippines with 6,261 units or 7 percent share and on fifth is Isuzu Philippines Corporation with 5,757 units or 6.6 percent market share.
RUBEN D. MANAHAN 4TH