CAMPI-TMA Jan.-Apr. 2023 sales improve by 28%

EDSA

The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) experienced a 28.1-percent increase in sales for the full four months of 2023 compared to the same period last year.

KEY TAKEAWAYS

  • How many vehicles did the Chamber of Automotive Manufacturers of the Philippines, Inc. and Truck Manufacturers Association sell in the first fourth months of 2023?

    The two groups reached a collective sales output of 127,927 units for January to April of the year.
  • How many vehicles did the Chamber of Automotive Manufacturers of the Philippines, Inc. and Truck Manufacturers Association rolled out to buyers in April 2023 alone?

    For the month of April, CAMPI-TMA sales reached 30,643 units.
  • Based on their joint report, the two groups had a collective sales output of 127,927 units for January to April 2023 versus the 99,903 examples rolled out to customers within the same time frame in the previous year.

    Continuously providing the bulk for the strong performance is the commercial vehicle segment, which sold 95,857 units for the aforementioned duration in 2023. The number, which is nearly three-fourths of the total year-to-date (YTD) sales, reflected a 27.3-percent rise over the 75,321 vehicles sold to clients in January-April 2022.

    vehicle volume

    On the other hand, the retail performance of the passenger car division (which holds the remaining 25.07 percent of the overall volume) went up to 32,070 units. It is 30.5-percent more compared to the 24,582 vehicles handed over to clients in the same period in 2022.

    For April alone, CAMPI-TMA sales reached 30,643 units, which is barely 17-percent less than the 36,880 vehicles sold in March 2023 but 21.8-percent higher in comparison to April last year’s 25,149 performance.

    “The improving economic indicators, which in fact remain favorable until the end of the year, according to a government report is an essential metric for the continued growth of the auto industry. At the same time, this is perfectly timed with the market availability of a wider range of motor vehicle models being offered by our members, responding to the growing needs of customers,” CAMPI President Atty Rommel Gutierrez was quoted as saying.

    “As the economic outlook remains favorable, the auto industry is optimistic to attain full recovery from the pandemic-induced challenges – well-positioned to grow to significant levels, even higher than the pre-pandemic figures. It is worth noting that the industry has already recorded this growth trajectory in the past four months compared with the 2019 levels,” he added.

    CAMPI President Atty. Rommel Gutierrez

    Continuing to lead the sales rally for the local automotive industry is Toyota Motor Philippines with 59,328 units sold (46.38-percent market share). Securing the second place is Mitsubishi Motors Philippines Corporation with 23,378 vehicle sales (18.27-percent share).

    Sitting at the third spot is Nissan Philippines with a share of the 6.65 percent market for its 8,510-unit output. On close fourth is Ford Philippines, cornering 8,069 units in the total April 2023 YTD sales while Honda Cars Philippines Incorporated is at fifth place with 5,901 units turned over to customers.

    Photos from Ruben Manahan IV

    Also read:

    CAMPI-TMA YTD sales grow by 30% in Q1 2023

    CAMPI-TMA Feb. 2023 sales up by 34%

    CAMPI, TMA sales nearly hit 30k-mark in Jan. 2023

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Ford PH: no price increase for Ranger as of Jul. 2025
      Ford PH: no price increase for Ranger as of Jul. 2025
      Ruben Manahan IV . Jul 04, 2025
    • MG Motor PH to launch D90 early next year
      MG Motor PH to launch D90 early next year
      Cesar Miguel . Jul 04, 2025
    • BYD Cars PH launches limited-run Seagull in Seashell Pink hue
      BYD Cars PH launches limited-run Seagull in Seashell Pink hue
      Cesar Miguel . Jul 04, 2025
    • Mazda PH launches driver development program
      Mazda PH launches driver development program
      Paulo Papa . Jul 04, 2025
    • Honda Cars PH extends ‘Style Up & Drive Promo’ with special deals for City, City Hatchback, BR-V
      Honda Cars PH extends ‘Style Up & Drive Promo’ with special deals for City, City Hatchback, BR-V
      Paulo Papa . Jul 04, 2025
    • Explaining the different types of hybrid powertrains
      Explaining the different types of hybrid powertrains
      Cesar Miguel . Today
    • Check out these basic overlanding items for when you want to enjoy the outdoors
      Check out these basic overlanding items for when you want to enjoy the outdoors
      Paulo Papa . Jul 04, 2025
    • Suzuki Dzire Hybrid vs Toyota Corolla Altis GR-S HEV CVT vs BYD Seal: new-energy sedan showdown
      Suzuki Dzire Hybrid vs Toyota Corolla Altis GR-S HEV CVT vs BYD Seal: new-energy sedan showdown
      Paulo Papa . Jul 04, 2025
    • 3 reasons why customers choose Toyotas
      3 reasons why customers choose Toyotas
      Cesar Miguel . Jul 03, 2025
    • Zigwheels PH Wrapup: Local vehicle launches in H1 2025
      Zigwheels PH Wrapup: Local vehicle launches in H1 2025
      Ruben Manahan IV . Jul 02, 2025
    • Do you still need to wash your car after it rains?
      Do you still need to wash your car after it rains?
      Cesar Miguel . Jun 12, 2025
    • What should you visit first at MIAS 2025?
      What should you visit first at MIAS 2025?
      Cesar Miguel . Apr 11, 2025
    • Do you really need 4x4 for overlanding?
      Do you really need 4x4 for overlanding?
      Cesar Miguel . Mar 26, 2025
    • Number coding 2025: what you need to know
      Number coding 2025: what you need to know
      Paulo Papa . Mar 09, 2025
    • EVs still require lubrication, JAMA execs say
      EVs still require lubrication, JAMA execs say
      Paulo Papa . Mar 09, 2025
    • First drive: MG ZS Hybrid+
      First drive: MG ZS Hybrid+
      Cesar Miguel . Jun 30, 2025
    • BYD eMAX 7 Superior Captain: MPV for modern families
      BYD eMAX 7 Superior Captain: MPV for modern families
      Paulo Papa . Jun 18, 2025
    • Suzuki Ertiga Hybrid: modest mover
      Suzuki Ertiga Hybrid: modest mover
      Paulo Papa . Jun 05, 2025
    • ELECTRIA: 2025 BYD Atto 3 - updates done right
      ELECTRIA: 2025 BYD Atto 3 - updates done right
      Cesar Miguel . Jun 05, 2025
    • Dongfeng Nammi: Stylish all-rounder
      Dongfeng Nammi: Stylish all-rounder
      Cesar Miguel . May 21, 2025