CAMPI, TMA sales down 11% in Jan.

Edsa traffic

After ending 2021 on a high note, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) have encountered an 11.2-percent sales decline for the opening month of 2022.

KEY TAKEAWAYS

  • How many vehicles did the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) sell in January 2022?

    Based on their joint report, the two groups sold a total of 20,765 units.
  • What caused the sales slide in January 2022?

    Aside from January being a “slow month,” the restrictions following the COVID-19 case surge affected the sales output.
  • Based on the joint CAMPI-TMA report, only 20,765 units were sold last month unlike the 23,380 vehicles delivered to customers in January 2021.

    The same numbers also indicated a 25.4-percent slide when compared to December 2021’s 27,846 examples rolled out to buyers. To note, December 2021 registered the highest monthly sales performance for CAMPI and TMA since the advent of the pandemic.

    CAMPI President Atty. Rommel Gutierrez said that slowdown in sales was anticipated as it happens every first month of the year after coming from a high sales volume every holiday season.

    Vehicles along EDSA

    Aside from that, the January 2022 performance can also be attributed to the tighter restrictions that were re-imposed following the surge of COVID-19 cases in the National Capital Region and nearby provinces, resulting to a “lukewarm reception for big-ticket items spending.”

    “The pandemic is something that the industry will have to continue dealing with during these uncertain times just like other industries even with the rollout of the vaccines. Hopefully, the COVID-19 will be contained in the foreseeable future so we can all get back on track to recovery”, Gutierrez noted.

    The commercial vehicle segment — which includes light commercial vehicles as well as trucks and buses — had the least decrease in year-to-date sales percentage (6.9 percent) after selling 14,981 units in January 2022 when compared to the same period last year, which had 16,085 vehicles sold.

    EDSA

    Passenger car sales only reached 5,784 units, showing a 20.7-percent drop from the 7,295 examples bought by customers.

    The top five local distributors are Toyota Motor Philippines (9,877 units), Mitsubishi Motors Philippines Corporation (2,954 units), Nissan Philippines (1,781 units), Suzuki Philippines Inc. (1,430 units), and Ford Motor Philippines Inc. (1,213 units).

    Photos from Ruben D. Manahan IV

    Also read:

    CAMPI, TMA enjoy biggest monthly sales performance this year in Nov.

    CAMPI, TMA show steady growth in October

    CAMPI, TMA enjoy sales rise in Sept.

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Inchcape PH releases Mercedes-Benz V-Class Elegance
      Inchcape PH releases Mercedes-Benz V-Class Elegance
      Ruben Manahan IV . Today
    • Latest ‘Kia Movement’ leg set this weekend
      Latest ‘Kia Movement’ leg set this weekend
      Ruben Manahan IV . Jul 10, 2025
    • Bentley unveils all-electric EXP 15 concept car
      Bentley unveils all-electric EXP 15 concept car
      Cesar Miguel . Jul 10, 2025
    • TMP Tech produces latest batch of technicians
      TMP Tech produces latest batch of technicians
      Ruben Manahan IV . Jul 10, 2025
    • Isuzu PH aids Alaminos LGU in newest mangrove rehabilitation thrust
      Isuzu PH aids Alaminos LGU in newest mangrove rehabilitation thrust
      Ruben Manahan IV . Jul 10, 2025
    • Nissan Livina vs. the competition
      Nissan Livina vs. the competition
      Cesar Miguel . Today
    • Exploring the Jetour T2’s interior
      Exploring the Jetour T2’s interior
      Cesar Miguel . Jul 10, 2025
    • Suzuki XL7 Hybrid vs Toyota RAV4 vs BYD Tang: tough-looking NEV options
      Suzuki XL7 Hybrid vs Toyota RAV4 vs BYD Tang: tough-looking NEV options
      Paulo Papa . Jul 09, 2025
    • Explaining the different types of hybrid powertrains
      Explaining the different types of hybrid powertrains
      Cesar Miguel . Jul 07, 2025
    • 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
    • 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
    • Honda BR-V S CVT: all about that ‘base’
      Honda BR-V S CVT: all about that ‘base’
      Paulo Papa . Jul 09, 2025
    • Dongfeng Rich 7 4X4 Upper: ideal entry-level truck
      Dongfeng Rich 7 4X4 Upper: ideal entry-level truck
      Paulo Papa . Jul 07, 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