CAMPI, TMA enjoy nearly 15% growth in Jan.-May 2022

Driving along EDSA

The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) continue to enjoy the benefits of a recovering economy as they experience a 14.6-percent growth in the first five months of the year.

KEY TAKEAWAYS

  • How many vehicles did the Chamber of Automotive Manufacturers of the Philippines, Inc. and Truck Manufacturers Association sell in the first five months of 2022?

    Based on their consolidated report, the groups rolled out 126,273 vehicles in January-May 2022.
  • What are the CAMPI-TMA's top five companies for January-May 2022?

    The top five automotive distributors for January to May 2022 for CAMPI-TMA are Toyota Motor Philippines, Mitsubishi Motors Philippines, Nissan Philippines, Suzuki Philippines, and Ford Motor Philippines.
  • Based on the consolidated report, the group was able to sell 126,273 units from January to May 2022, in contrast to the 110,217-vehicle sales rally recorded for the same period last year.

    The commercial vehicle segment (which made up 75.02 percent of the total sales volume of the two groups) has retailed 94,727 units, reflecting a 26-percent growth from the 75,193 examples bought in January-May 2021.

    EDSA

    Meanwhile, year-to-date passenger car sales went down by 9.9 percent, selling only 31,546 vehicles, unlike the 35,024 units that were rolled out to customers during the same months in 2021.

    For May 2022 alone, the group delivered 26,370 units to clients, which is equivalent to a 19.5-percent rise from the 22,062 units sold for the same period a year ago.

    CAMPI President Atty. Rommel Gutierrez, said that “the economic recovery from the ripple effects of the pandemic and the overall robust domestic demand are major contributing factors to the continued improvement of the automotive sales performance recorded in May”.

    EDSA

    “Based on our data, the industry has already recorded double-digit percentage growths for three consecutive months on a year-over-year basis, indicating that recovery is underway”, he said.

    “The industry is optimistic for a sustained economic growth anchored on domestic demand amid the continued containment of the pandemic – all-important to the full recovery of the industry”, Gutierrez further added.

    The top five local automotive distributors are Toyota Motor Philipines (65,668 units sold), Mitsubishi Motors Philippines Corporation (16,209), Nissan Philippines (9,571), Suzuki Philippines (8,162), and Ford Motor Philippines, Inc. (6,950).

    Photos from Ruben D. Manahan IV

    Also read:

    Jan.-Apr. CAMPI-TMA sales grow by 13%

    CAMPI, TMA sales down 11% in Jan.

    CAMPI, TMA end 2021 strong with 20% sales increase

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Aston Martin brings out new Vantage Roadster
      Aston Martin brings out new Vantage Roadster
      Ruben Manahan IV . Jan 15, 2025
    • Mercedes-AMG Petronas F1 Team forge collaboration
      Mercedes-AMG Petronas F1 Team forge collaboration
      Ruben Manahan IV . Jan 15, 2025
    • Audi PH to launch 'refreshed' Q7, Q8
      Audi PH to launch 'refreshed' Q7, Q8
      Ruben Manahan IV . Jan 14, 2025
    • 2024 CAMPI-TMA vehicles sales breach 467k-unit mark
      2024 CAMPI-TMA vehicles sales breach 467k-unit mark
      Ruben Manahan IV . Jan 14, 2025
    • Mercedes-Benz taps Google to add ‘conversational capabilities’ on MBUX Virtual Assistant
      Mercedes-Benz taps Google to add ‘conversational capabilities’ on MBUX Virtual Assistant
      Paulo Papa . Jan 14, 2025
    • Sedans, hatchbacks we want to see in PH this 2025
      Sedans, hatchbacks we want to see in PH this 2025
      Cesar Miguel . Jan 15, 2025
    • These are the BYD Atto 3's 2 tempting trims
      These are the BYD Atto 3's 2 tempting trims
      Paulo Papa . Jan 14, 2025
    • BYD Seagull: hits and misses
      BYD Seagull: hits and misses
      Cesar Miguel . Jan 14, 2025
    • Toyota Camry vs. the competition
      Toyota Camry vs. the competition
      Cesar Miguel . Jan 13, 2025
    • Here are the crossovers, MPVs we want to see in PH this 2025
      Here are the crossovers, MPVs we want to see in PH this 2025
      Paulo Papa . Jan 13, 2025
    • Here are some ideal destinations and safety tips for the upcoming Holy Week
      Here are some ideal destinations and safety tips for the upcoming Holy Week
      Paulo Papa . Mar 08, 2024
    • Here are some New Year’s resolutions for car owners
      Here are some New Year’s resolutions for car owners
      Paulo Papa . Jan 03, 2024
    • PH auto market: 2023 in retrospect
      PH auto market: 2023 in retrospect
      Paulo Papa . Dec 15, 2023
    • Here’s a holiday gift guide for car enthusiasts
      Here’s a holiday gift guide for car enthusiasts
      Hazel Nicole Carreon . Dec 15, 2023
    • Oil players cut pump prices anew
      Oil players cut pump prices anew
      Paulo Papa . Nov 14, 2023
    • All-new Chery Tiggo 2 Pro CVT: affordable, capable
      All-new Chery Tiggo 2 Pro CVT: affordable, capable
      Paulo Papa . Dec 26, 2024
    • Land Rover Defender 110 S D250: King of versatility
      Land Rover Defender 110 S D250: King of versatility
      Cesar Miguel . Dec 12, 2024
    • 2024 Ford Explorer Limited: reliable 6th man
      2024 Ford Explorer Limited: reliable 6th man
      Ruben Manahan IV . Dec 02, 2024
    • Honda Civic RS e:HEV: refined, athletic
      Honda Civic RS e:HEV: refined, athletic
      Cesar Miguel . Nov 28, 2024
    • Ford Ranger Wildtrak 4X4: rugged, refined
      Ford Ranger Wildtrak 4X4: rugged, refined
      Paulo Papa . Nov 19, 2024