The Philippine automotive industry closed May 2021 on a positive note as car sales have increased. The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) reported that the local market registered a 23.6 percent growth in May as compared to April. The Association of Vehicle Importers and Distributors, Inc. (AVID) also reported an eight percent increase in unit sales last May 2021.
2021 Toyota Vios GR-S
The increase in car sales last month can be attributed to several factors. One of which is the gradual re-opening of the economy, and the shift to less strict quarantine restrictions in the National Capital Region.
CAMPI President Rommel Gutierrez said that the automotive industry is optimistic to bounce back, and it is looking closely at any downside risk that the pandemic may bring.
“The industry remains optimistic of a nascent recovery but at the same time on guard for any downside risk of the pandemic particularly if lockdowns are reimposed in NCR Plus and in other regions resulting in a tepid consumer confidence,” said Gutierrez.
AVID President Ma. Fe Perez-Agudo shared that providing quality vehicles and after-sales service played a part in the positive May 2021 sales performance. She also said that the automotive industry should continue to weather this storm.
“We attribute the gradual improvement in AVID sales to our members’ tireless commitment to provide customers with quality vehicles and after sales service that will see them safely through life’s many journeys. We all must keep on pitching in to weather this storm and to bring us all closer to our dreams in the New Normal,” said Perez- Agudo.
Top 5 car brands in May 2021
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Toyota Motor Philippines (TMP) still reigns as the best-selling car brand in the Philippines last May 2021 with 10,799 unit sales. TMP continues to yield unit sales, and it aims to defend its place in the local market. Of note, the top three best-selling cars in the Philippines last 2020 were the Vios, Hilux, and Wigo.
Mitsubishi L300
The second car brand with the most unit sales last May 2021 is held by Mitsubishi Motors Philippines Corp. (MMPC). The said car brand managed to register 3,229 unit sales last May, which translates to a 169 percent increase as compared to its April performance. The top contributor for MMPC’s May 2021 sales is the L300, which had a total of 1,335 units sold.
Suzuki Philippines Inc. (SPI) secured the third spot with 1,802 units sold. The sales performance of SPI can be attributed to the Ertiga, S-Presso, and the Carry. As a review, the said vehicles were the best-selling Suzuki models in the first four months of the year.
Ford EcoSport is available with starting price of P750K this June
Ford Philippines fell short by 125 units to enter the top three best-selling car brands in May 2021. The car brand yielded a total of 1,677 units last May. In case you’re wondering, Ford PH is offering the EcoSport with a starting price of Php 750,000 this June.
Completing the top five car brands in May 2021 is Nissan Philippines Inc. with 1,278 units sold. Nissan PH clinched the fifth spot by managing to sell seven (7) units more than Isuzu Philippines.
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