MOTORCYCLE sales zoomed to a record last year, according to the Motorcycle Development Program Participants Association Inc. (MDPPA). Ma. Sheryl Santos, MDPPA secretary general, told The Manila Times that the sales of the group’s six member-companies last year totaled 759,849 units—the industry’s highest so far and 19.1 percent more than the 637,792 units sold in 2009.
If the sales of the importers of mostly Chinese brands were included, the industry sales figure could be higher by between 10 percent and 15 percent, Santos said.
She said domestic assemblers accounted for between 85 percent and 90 percent of sales.
Last year’s record sales were driven mainly by election spending and easier access to financing, the executive said.
Also, there is an increasing effort among motorcycle sellers to advertise their products. “You can see celebrities being tapped as endorsers in print and TV ads,” Santos said.
MDPPA is projecting sales this year to grow 15 percent to about 874,000 units.
Despite record sales, the local market is still relatively small compared with neighbors Indonesia, Thailand, Malaysia and Vietnam, Santos said. –BEN ARNOLD O. DE VERA, Manila Times
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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