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According to the ASEAN Automotive Federation (AAF), the region’s vehicle manufacturing industry experienced an 8-percent growth in 2018, producing a total of 4,368,870 units for the year compared to just 4,047,196 units the previous year. The Philippine vehicle industry however, was only able to supply 79,763 of that total, a …

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Car Lot

The local automotive industry is currently reviewing its second semester sales numbers as initial figures bode a grim outlook for the rest of the year given rising interest rates, weak peso, and higher vehicle price tags due to the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Nevertheless, the industry …

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