Local vehicle assemblers ended last year with a four percent contraction over 2010 with Honda suffering the biggest loss.
Latest figures show all product categories posting decline in sales.
This was weighed down by the Japan earthquake early last year and the Thailand flooding late in the year which affected the supply chain of the industry.
The Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) reported that its 16 members sold only a total of 141,616 units versus 147,488 units in 2010.
Of the sales figure, the passenger car segment contributed 44,862 units, reflecting a substantial 8 percent decrease from 48,739 units sold in 2010.
The commercial vehicle segment also declined by 2.02 percent to end the year with a lower 96,754 units as against 98,749 units sold in 2010.
In terms of product categories, the Asian utility vehicle (AUV) category was 2.5 percent down with sales of only 35,851 units from 36,783 units in 2010.
The light commercial vehicles (LCV), mostly sports utility vehicles and is the most popular vehicle category in terms of sales, contributed 57,962 units but was still 1.7 percent short compared to the 58,956 units of 2010.
Sales of light trucks posted the smallest decline of 0.6 percent with sales hitting 1,862 units from 1,873 units. While the trucks and buses category ended the year with a negative 5.1 percent to 1,079 units from 1,137 units. –Mario F. Fetalino Jr., Daily Tribune
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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