New vehicle sales in the Philippines increased 2.4% year on year to 12,555 units in September from 12,856 units last year, according the Chamber of Automotive Manufacturers of the Philippines (CAMPI).
The data does not include sales of some significant brands, which broke away from the association at the end of 2010. The largest of these is Hyundai, followed by General Motors and Subaru.
September’s slow growth follows a sharp decline in sales in August, of 22%, attributed mainly to severe flooding in Manila due to heavy monsoon rain.
Cumulative sales for the first nine months of 2012 were up 6% to 111,582 units, from 105,306 units in the previous year.
