CAMPI-TMA May YTD retail numbers up by 13%

Sales for Jan.-May 2024 reach 181k units

EDSA

The Chamber of Automotive Manufacturers of the Philippines Incorporated (CAMPI) and the Truck Manufacturers Association (TMA) is inching closer to its 468,300-unit sales goal for 2024 after selling 187,191 vehicles for the first five months of the year.

KEY TAKEAWAYS

  • How many vehicles did CAMPI-TMA retail in January-May 2024?

    The groups sold 187,191 vehicles during the first five months of 2024.
  • How many vehicles did CAMPI-TMA deliver to buyers in May 2024 alone?

    Last month, the two groups turned over 40,271 vehicles to their respective clients.
  • The said figures — shared by the two groups in their consolidated report — showed a 12.7-percent rise compared to the same period in 2023.

    For May 2024 alone, members of the two organizations were able to collectively retail 40,271 examples, which is 7.9-percent more than April 2024’s 37,314-vehicle sales performance and 5.5-percent better than the May 2023’s 38,177 vehicles sold.

    vehicle volume

    Taking the 73.69 percent share of the overall local automotive market is the commercial vehicle segment after 137,944 examples were delivered to customers in the past five months. The numbers showed an 11-percent growth from the 124,242-units turned over to buyers during the same period the previous year.

    On the other hand, vehicles under the passenger car category had a total of 49,247 units sold. The number of vehicles delivered to customers had a 17.6-percent growth over the 41,862 units handed over to buyers in the same period for 2023.

    Per CAMPI President Atty. Rommel Gutierrez, the continuing rise in sales can be attributed to the improvements in the supply and good consumer demand, combined with the increase in automotive financial options and extensive sales activities.

    CAMPI President Atty. Rommel Gutierrez

    Maintaining its wide lead against all brands in the country is Toyota Motor Philippines with its market share of 46.08 percent (86,257 vehicles sold). Trailing it is Mitsubishi Motors Philippines Corporation as it held 18.78 percent share of the overall local sales volume (35,146 units).

    At the third spot is Ford Group Philippines with 12,241 vehicles sold (6.54 percent) followed by Nissan Philippines with 11,559 examples turned over to buyers (6.17 percent).

    Placing fifth is Suzuki Philippines with 7,975 units sold — controlling 4.26 percent of the market.

    Photos from Ruben Manahan IV

    Also read:

    CAMPI-TMA Apr. YTD retail performance grow 15%

    CAMPI-TMA breaches 'revised' 2023 sales target

    CAMPI-TMA Nov. YTD sales up by 24%

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Volkswagen Passat receives 5-star safety rating from Euro NCAP
      Volkswagen Passat receives 5-star safety rating from Euro NCAP
      Cesar Miguel . Jul 12, 2024
    • Changan Auto formally opens flagship dealership in Pasig City
      Changan Auto formally opens flagship dealership in Pasig City
      Cesar Miguel . Jul 12, 2024
    • 9th PIMS set on Oct. 2024
      9th PIMS set on Oct. 2024
      Ruben Manahan IV . Jul 12, 2024
    • CAMPI-TMA H1 2024 sales breach 226K units
      CAMPI-TMA H1 2024 sales breach 226K units
      Ruben Manahan IV . Jul 12, 2024
    • Geely Holding-owned brands nearly miss 1.5-M sales mark in H1 2024
      Geely Holding-owned brands nearly miss 1.5-M sales mark in H1 2024
      Paulo Papa . Jul 11, 2024
    • Here are the Ford Mustang’s 7 color options
      Here are the Ford Mustang’s 7 color options
      Cesar Miguel . Jul 12, 2024
    • Ford Mustang vs. the competition
      Ford Mustang vs. the competition
      Cesar Miguel . Jul 12, 2024
    • Exploring Mitsubishi XForce's interior
      Exploring Mitsubishi XForce's interior
      Paulo Papa . Jul 11, 2024
    • Honda e:HEV technology explained
      Honda e:HEV technology explained
      Ruben Manahan IV . Jul 11, 2024
    • Here are the Mitsubishi XForce's 2 available trims
      Here are the Mitsubishi XForce's 2 available trims
      Cesar Miguel . Jul 11, 2024
    • Electric Car: A comprehensive buying guide
      Electric Car: A comprehensive buying guide
      Purva Jain . Jul 01, 2024
    • Here are some ideal destinations and safety tips for the upcoming Holy Week
      Here are some ideal destinations and safety tips for the upcoming Holy Week
      Paulo Papa . Mar 08, 2024
    • Here are some New Year’s resolutions for car owners
      Here are some New Year’s resolutions for car owners
      Paulo Papa . Jan 03, 2024
    • PH auto market: 2023 in retrospect
      PH auto market: 2023 in retrospect
      Paulo Papa . Dec 15, 2023
    • Here’s a holiday gift guide for car enthusiasts
      Here’s a holiday gift guide for car enthusiasts
      Hazel Nicole Carreon . Dec 15, 2023
    • Track tested: GAC M6 Pro
      Track tested: GAC M6 Pro
      Paulo Papa . Jul 12, 2024
    • ELECTRIA: Chery eQ7 could stir UAAGI’s EV journey
      ELECTRIA: Chery eQ7 could stir UAAGI’s EV journey
      Ruben Manahan IV . Jul 01, 2024
    • Han, Tang are BYD PH's one-two shocker
      Han, Tang are BYD PH's one-two shocker
      Cesar Miguel . Jun 26, 2024
    • Dapper any weather: GAC Emkoo GL
      Dapper any weather: GAC Emkoo GL
      Paulo Papa . Jun 26, 2024
    • Buff Horses: Ford Mustang, Bronco experience
      Buff Horses: Ford Mustang, Bronco experience
      Cesar Miguel . Jun 21, 2024