Philippines 2017. Vehicles market hit the 5th record in a row
Philippines Vehicles Market in the 2017 hit the fifth all time record in a row, just before the Tax Reform, which has introduced higher duties on vehicles and fuel. The market grew near 500.000 units with Toyota leader ahead of Mitsubishi and Hyundai.
Philippines 2022. Vehicle Market Maintains Momentum From 2021 Rising Again In Double Digits
Philippine's Vehicle Market in 2022 grows in double digits (+26.1%), reporting 362,508 new sales and rising for the second year in a row. December rises for 10th consecutive month, reporting 38,072 new registrations (+21.5%).
Philippines 2020. Hyundai free-falls (-50.7%) in a market heavily affected by COVID-19 (-40.6%)
Philippines vehicles market in 2020 falls by 40.6% as the pandemic and lockdowns affect sales. Full-Year sales have been 248.804. Hyundai loses half its sales (-50.7%) but remains in 4th position, while Isuzu (-19.5%) reports top 10 hold.
Philippines 2021. Philippines Car Market Grows In Double-digits, While Hyundai Plummets
Philippines Auto market in 2021 rises by 18.7% with 295,100 sales, reporting a very strong performance in Q2 due to the low sales reported in the previous year. Hyundai reports the only double-digit drop in sales, losing 40.2%.
Philippines 2016. Market up 27% hitting new record
Philippines Auto Sales 2016 hit the fifth All Time Record in a series, joining the Top 30 World's market for the very first time. Toyota led again the market while Hyundai outpaced Ford for the third place.
