Good start for PH carmakers’ group, still lower than January 2020 sales figures

Vehicles along EDSA

While off to a good start, sales for the country’s vehicle manufacturers’ group shows a tad lower compared to the same month last year.

Based on the joint report from Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) January 2021 sales reached 23,380-unit output, which is 1.4 percent short of the 23,723 units sold for the same month last year.

With the same data, CAMPI-TMA still suffered a 15.3-percent decline in comparison to December 2020 sales, with the yuletide season rolling out 27,596 vehicles.

Despite the difference in sales, CAMPI-TMA considered this a positive sign as the industry slowly recovers.

Edsa traffic

The sales driving commercial vehicles, with 68,8 percent of the volume, delivered 16,085 units yet suffered a 6.4 percent slowdown last month against the 17,180 units sold for the same period last year.

The passenger car segment, which holds 31.20 percent share of the market, gained 11.5 percent after selling 7,295 units in comparison to the 6,543 vehicles sold in 2020.

While there has been a big chunk of customers shifting to passenger cars, the CV sales performance reflects the continuous trend of the market toward larger vehicles.

CAMPI President Atty. Rommel Gutierrez said that despite good numbers, they are still “cautiously optimistic” in the coming months.

“The pandemic still poses a challenge to the automotive industry.  We are also monitoring how the market will react with the imposition of the provisional safeguard duties starting February, which could potentially impact on the prices of imported motor vehicles.”

Photos from Ruben D. Manahan IV

Also read:

PH auto industry suffers around 40-percent loss in disaster-filled 2020

With less than a month to go, automaker's group sales slide by 7.4 percent

Local vehicle importers’ group regains momentum, warns of tough times ahead

Read All

Featured Articles

Recommended Articles For You

Read All

Featured Cars

  • Upcoming

Car Articles From Zigwheels

  • News
  • Article Feature
  • Advisory Stories
  • Road Test
  • Audi, Adidas forges multi-year partnership for F1
    Audi, Adidas forges multi-year partnership for F1
    Ruben Manahan IV . Today
  • Latest Ford Island Conquest highlights Everest Wildtrak
    Latest Ford Island Conquest highlights Everest Wildtrak
    Paulo Papa . Today
  •  PH saw over 19k road accidents from Jan-Aug 2025
    PH saw over 19k road accidents from Jan-Aug 2025
    Cesar Miguel . Today
  • Zigwheels PH weekly wrap: September 8-12
    Zigwheels PH weekly wrap: September 8-12
    Cesar Miguel . Sep 12, 2025
  • Hyundai Venue returns to PH with P778k starting price
    Hyundai Venue returns to PH with P778k starting price
    Cesar Miguel . Sep 12, 2025
  • Check out the GWM Ora 03’s key rivals
    Check out the GWM Ora 03’s key rivals
    Cesar Miguel . Sep 12, 2025
  • Here are the Ford Territory Hybrid’s strengths, weaknesses
    Here are the Ford Territory Hybrid’s strengths, weaknesses
    Cesar Miguel . Sep 12, 2025
  • VinFast VF 5: top 3 reasons to buy
    VinFast VF 5: top 3 reasons to buy
    Paulo Papa . Sep 09, 2025
  • Check out the Subaru WRX’s closest alternatives
    Check out the Subaru WRX’s closest alternatives
    Cesar Miguel . Sep 08, 2025
  • Lynk & Co. 01 vs BYD Sealion 5 DM-i vs Changan Nevo Q05: Chinese hybrid SUV smackdown
    Lynk & Co. 01 vs BYD Sealion 5 DM-i vs Changan Nevo Q05: Chinese hybrid SUV smackdown
    Paulo Papa . Sep 05, 2025
  • How well do you understand traffic signs?
    How well do you understand traffic signs?
    Cesar Miguel . Sep 09, 2025
  • How car collectors can take advantage of Liqui Moly products
    How car collectors can take advantage of Liqui Moly products
    Ruben Manahan IV . Sep 08, 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
  • Toyota Corolla Cross GR-S HEV: sporty yet sustainable
    Toyota Corolla Cross GR-S HEV: sporty yet sustainable
    Paulo Papa . Sep 08, 2025
  • ELECTRIA: JMC EV3 - cutesy city slicker
    ELECTRIA: JMC EV3 - cutesy city slicker
    Cesar Miguel . Sep 04, 2025
  • First drive: Here’s why the Li Mega is the ideal pick for those who wants to be chauffeured
    First drive: Here’s why the Li Mega is the ideal pick for those who wants to be chauffeured
    Paulo Papa . Aug 27, 2025
  • GWM Cannon: range day
    GWM Cannon: range day
    Paulo Papa . Jul 29, 2025
  • First drive: BYD Sealion 5 DM-i
    First drive: BYD Sealion 5 DM-i
    Cesar Miguel . Jul 21, 2025