CAMPI, TMA report shows 26% vehicle sales growth in June
MANILA: A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed that total new motor vehicle sales for June reached 28,601 units — equivalent to 26.8% growth compared with 22,550 units recorded in the same month a year ago.
KEY TAKEAWAYS
Which carmakers sold the most passenger vehicles in June 2022?
Toyota Motor Philippines (TMP) recorded the most number of vehicles sold with 3,886 units. TMP is followed by Mitsubishi Motors Philippines Corp. (MMPC) with 1,616 units; and Honda Cars Philippines, Inc. (HCPI) with 901 units.Which brands sold the most number of commercial vehicles in June?
For total commercial vehicle sales, the top three brands are TMP with 10,536 units, MMPC with 2,909 units, and Nissan Philippines, Inc. (NPI) with 1,373 units.“The automotive industry recovery is progressing as new motor vehicles sales reached an upward growth trajectory in June driven by the pent-up demand from consumers amid the less than ideal economic conditions recorded in the same period,” CAMPI President Atty. Rommel Gutierrez observed.
“The industry is optimistic of sustaining motor vehicle sales in its current pre-pandemic trendline in the coming months, albeit challenging amid the ongoing headwinds to the economic recovery, which continue to affect consumer confidence and overall employment,” Atty. Gutierrez added.
Year to date, CAMPI-TMA has sold 154,874 units, equivalent to 16.7% growth compared with the same period last year.
In terms of passenger vehicle sales in June 2022, Toyota Motor Philippines (TMP) recorded the most number of vehicles sold with 3,886 units. TMP is followed by Mitsubishi Motors Philippines Corp. (MMPC) with 1,616 units and Honda Cars Philippines Inc. (HCPI) with 901 units.
For total commercial vehicle sales, the top three brands are TMP with 10,536 units, MMPC with 2,909 units, and Nissan Philippines Inc. (NPI) with 1,373 units.
Photos from Toyota Motor Philippines, Mitsubishi Motor Philippines
Also read: CAMPI, TMA record 3 successive months of double-digit growth in May
Sell your car at the best price
- Latest
- Popular
You might also be interested in
- Latest
- Upcoming
- Popular
Latest Car Videos on Zigwheels
Car Articles From Carmudi
- journal
- advice
- financing
- insurance
Compare
You can add 3 variants maximum*- Brand
- Model
- Variant