CAR FIRMS remain on track to posting a fresh sales record this year despite a month-on-month decline in the number of vehicles leaving showrooms, an industry group yesterday said.
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), in a statement, reported a 16.6% drop in November vehicle sales across categories from a month earlier.
“It would seem that the normal seasonality curve is not followed for this year 2010 given the unique circumstances surrounding the year with election spending and replacement of vehicles [late last year] due to the typhoon Ondoy,” it said.
Year to date sales, however, remained up an annual 28.9% with a total of 153,163 vehicles sold.
“We continue to be confident that this year 2010 will finally exceed the highest sales ever attained by the industry in 1996 of over 162,000,” the statement quoted CAMPI President Elizabeth H. Lee as saying.
“This year is an interesting year for auto players” given factors such as successful elections, improved business and consumer confidence, aggressive financing packages and strong dollar remittances, she added.
November sales totalled 11,945, down from October’s 14,317 units.
Passenger car sales fell by 22.8% with 3,922 units from 5,081 units a month earlier. Commercial car sales also declined, by 13.1% to 8,023 from 9,236 in October.
Asian utility vehicle (AUV) sales fell by 7.5% to 2,913 from 3,149 while light commercial vehicles saw a larger 17.1% drop to 4,795 units sold last month from 5,782 in October.
CAMPI did not release individual car company data, only noting that the latest sales tally came from reports received as of Dec. 8.
It was not known if this had any relation to reports that Hyundai Asia Resources, Inc. (HARI) would be bolting the industry group.
HARI, in a separate statement, acknowledged that it failed to submit its November sales report but denied that it was leaving CAMPI.
It said November sales of 1,578 units were up 32% from a year earlier. –Businessworld
Nov 16 – International Day for Tolerance
“No more toleration of corruption!”
Invoke Article 33 of the ILO Constitution
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to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
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November
Nov 2 – Intl Day to End Impunity for
Crimes Against Journalists
Nov 9 – World Science Day for Peace
and Development
Nov 16 – International Day for Tolerance
Nov 19 – World Toilet Day
Nov 20 – World Children’s Day
Nov 25 – Intl Day for the Elimination of
Violence Against Women
Monthly Observances:
Homes Safety Month
Filipino Values Month
National Rice Awareness Month
National Consciousness Month
for Punctuality and Civility
Environmental Awareness Month
National Children’s Month
Organic Agriculture Month
Weekly Observances:
Nov 19-25: Global Warming and
Climate Change Consciousness Week
Nov 23-29: National Girls’ Week
Population and Development Week
Nov 25 – Dec 12: Social Welfare Week
18-Day Campaign to End
Violence against Women
Week 2: Week 3: Drug Abuse Prevention
and Control Week
Last Week: Safety and Accident
Prevention Week
Daily Observances:
Last Saturday: Career Executive Service
Day
Nov 19: National Child Health Day
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