Toyota Motor Philippines Corporation (TMP) set another sales record last May 2015 with a total of 10, 511 units sold. In just 5 months through the year, the largest local car manufacturer has accomplished its second record sales with the previous achievement being in March with 10,237 units sold.
The automaker’s locally-manufactured sub-compact, the Vios, also reached its highest sales to date since its introduction in July 2013. Last month, the best-selling vehicle in the country sold 2,886 units. This is likewise the highest record a single model has achieved in the history of the local automotive scene.
For the first five months of the year, TMP has reached 19,408 and 28,386 sales for its Passenger Car and Commercial Vehicle Segments respectively totaling 47,794 units YTD. Compared to the same period of last year, Toyota’s performance grew by 19%.
In a statement, TMP President Michinobu Sugata said, “Achieving a new sales record last May displays the continued strong demand for our vehicles having sold more than 10,000 units last March and again in May. This is a solid testament of the trust and confidence of the consumers in continuously choosing our products. In addition, with the recently-signed EO 182 entitled “Providing for a Comprehensive Automotive Resurgence Strategy (CARS) Program, this will allow continuity and increase in contributions to the Philippine economy of the auto industry through local manufacturing`.”