CAMPI President Rommel Gutierrez stated that auto sales in April went up a moderate 4.8% because of fewer working days for the month where the observance of the Holy Week fell and some work suspension of the ASEAN Leaders’ Summit.
While most segments had a good performance last month, the passenger car segment sold out only 9,862 units, a decrease of 1% from 9,920 units delivered in the same period last year.
Most segments had a good performance last month
In contrast, April sales of commercial vehicle segment rose to 19,176 units, up 7.9% over the 17,777 deliveries in April 2016. Generally, most categories in this segment saw an increase in sales, except for Category V trucks and buses that recorded a sharp decrease of 21.2% with only 119 vehicles sold.
As for car manufacturers, Toyota Motor Philippines Corp. headed the auto market with 43.42% total car sales. The runner-up was Mitsubishi Motors Philippines with auto sales accounting for 17.76%. Although Ford Motor Philippines, Inc., only had a market share at 8.44%; with 2,613 vehicles sold, the company took the lead in retail sales with its flagship models like the EcoSport, the Everest, and the Ranger pick-up.