Carmudi PH Drives into the Future with First-Ever Annual Awards

 200 key players across local auto financing industry

Carmudi PH Drives into the Future with First-Ever Annual Awards

 MANILA: The automotive industry shifted into high gear as Carmudi Philippines hosted its first-ever Annual Awards.

KEY TAKEAWAYS

  • When was the first-ever Carmudi Philippines Annual Awards held?

    The event was held last February 5, 2025.
  • What rewards were given to top-performing partners at the event?

    To recognize their efforts, the top performers received trips abroad and local.
  • The energy was palpable as attendees celebrated a year of remarkable achievements and looked ahead to the exciting road ahead.

    Held last February 5, the landmark event — co-presented by Kreddy and supported by major sponsors JACCS, SAFC, and LOLC Bank — marked a significant milestone for Carmudi Philippines as the event (conducted at the prestigious PSE Tower in Bonifacio Global City) brought together 200 key players, including used car dealers and agents, bank and financing executives, and prominent brands from across the auto financial services landscape.

    Carmudi Annual Awards Photo by Carmudi Philippines

    Notably, Kreddy, JACCS, SAFC, and LOLC Bank are different non-banking financial institutions and are part of Carmudi Philippines’ growing roster of financing partners.

    What began as a dynamic buy-and-sell platform has evolved into a leading auto financial services marketplace — seamlessly connecting used car dealers with partner banks and financiers. The premiere Carmudi Annual Awards served as a powerful testament to the strength of these partnerships and the collective success that have been generated.

    The spotlight that night shone on the numerous top-performing dealers and agent partners within the Carmudi network to recognize their exceptional contributions.

    Beyond the prestige of the awards themselves, winners were treated to an array of exclusive rewards.

    The top four Dealer Partners earned coveted international trips for two to some of the world’s most exciting destinations: Paris, Sydney, Tokyo, and Seoul. Qualified dealers and agents in the Top 10 rankings also secured trips for two to select local destinations.

    These incredible travel prizes are in addition to the generous cash incentives earned by dealer and agent partners for their successful collaborations with Carmudi and its financing partners.

    Carmudi Annual Awards (LEFT TO RIGHT) Arul Govindasamy, Head of Refinance; Joseph Hernandez, National Sales Head of Used Car Finance; Ramjit Lahiri, CEO of Carmudi Philippines; Gaurav Gupta, COO of CarDekho SEA, Carmudi Philippines’ parent company (Photo from Carmudi Philippines)

    “The first Carmudi Annual Awards is more than just an event; it's a celebration of the vibrant ecosystem we've built together,” Carmudi Philippines Chief Executive Officer Ramjit Lahiri said.

    “We’re incredibly proud of the dedication and hard work of our dealer and agent partners, and we’re excited to continue driving innovation and growth in the used car market and the auto financial services marketplace as a whole. This event underscores our commitment to fostering strong relationships and creating opportunities for mutual success.”

    The awards ceremony served as a powerful reminder of the collaborative spirit that fuels Carmudi Philippines. As the company looks to the future, it remains committed to empowering its partners, enhancing the customer experience, and shaping the future of the auto financial services landscape in the Philippines.

    The first Carmudi Annual Awards is just the beginning of a long and exciting journey, paving the way for even greater achievements in the years to come.

    Zigwheels Philippines — one of the event's key sponsors — is Carmudi Philippines sister brand under CarDekho Southeast Asia.

    Ruben Manahan IV

    Ruben Manahan IV

    Started his journalism stint as a cub reporter for a local daily. A certified news junkie, Fort had the chance to cover various beats—ranging from politics to lifestyle. However, his heart now belongs to motoring.

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