Vehicle sales in the Philippines rose 26.6% from a year earlier to 7,363 vehicles in May according to figures released by the Chamber of Automotive Manufacturers of the Philippines.

In the first five months of the year, sales rose 10% to 31,859 vehicles.

However, car sales fell 11% in May from a year earlier to 1,680 units.

The Philippines’ vehicle market is now in recovery phase, but recovery has been uneven in recent years. In 2001, the total market was 76,670 units, which compares with 145,000 units in 1997 before the effects of the Asian financial crash sent the market into freefall.


How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.