...the 2nd ASEAN's fastest growing market for motor vehicle

Philippines 2nd fastest-growing market for motor vehicles in South East Asia


Louella Desiderio
Philippine Star
10 February 2020

MANILA, Philippines — The Philippines was the second fastest-growing motor vehicle assembler in Southeast Asia last year, registering a 19 percent growth in output, according to the Association of Southeast Asian Nations Automotive Federation (AAF).

Data from AAF showed the Philippines assembled 95,094 motor vehicles last year, up from just 79,763 units in 2018.

Data from AAF showed the Philippines assembled 95,094 motor vehicles last year, up from just 79,763 units in 2018.

Posting the fastest growth in motor vehicle output last year was Myanmar, which assembled 15,496 units, 26 percent higher than the 12,292 units in 2018.

Apart from Myanmar and the Philippines, the only country in the region with a higher motor vehicle output was Malaysia which produced 571,632 units last year, up 1.2 percent from the 564,971 units in 2018.

All other countries with motor vehicle assembly operations in the region registered declines.

Thailand, which serves as the region’s automotive hub, assembled 2.01 million units last year, seven percent lower than the 2.17 million units in 2018.

Indonesia’s motor vehicle output decreased by 4.2 percent to 1.29 million units last year from 1.34 million units in 2018, while Vietnam’s output went down by 12 percent to 176,203 units last year from 200,436 units in 2018.

Total motor vehicle output in Southeast Asia decreased by 4.8 percent to 4.16 million units last year from 4.37 million units in 2018.

In terms of motor vehicle sales, the Philippines was among those with higher sales last year.

AAF data showed the Philippines sold 369,941 units last year, 3.5 percent higher than the 357,410 units in 2018.

Other countries in the region with higher sales last year are Myanmar with a 25 percent growth in sales to 21,916 units, Vietnam with an 11.7 percent increase to 322,322 units, Brunei with a six percent uptick to 11,909 units, and Malaysia with one percent growth to 604,287 units.

Posting lower sales last year, meanwhile, are Indonesia with a 10.5 percent drop to 1.03 million units, Singapore with a five percent decrease to 90,429 units, and Thailand down 3.3 percent to 1.01 million units.

Total motor vehicle sales in the region reached 3.46 million units last year, 2.9 percent lower than the 3.56 million units sold in 2018.

Recently, the Department of Trade and Industry (DTI) launched a preliminary probe on a petition filed by workers group Philippine Metalworkers’ Alliance (PMA) to impose safeguard measure or duty on vehicles, a development which may affect both the production and sales performance of automotive firms in the country.

PMA filed the petition as increased vehicle imports are seen to pose threat to local car assembly, auto parts manufacturers, as well as employment in the sector.

A safeguard duty may be imposed by the government when a surge in imports of a certain product causes injury to local players.

...the Filipino fuel-saver technology

Filipino invention to help Mongolians breathe free

By Manila Standard Today 
Nov. 12, 2012

 

 

Mongolia, one of the world’s top 10 countries with the worst air quality, is adopting Filipino technology to help improve the health of people in its urban centers.

Eco-G NanoTechnology (Philippines) and Erdene & Gochioco LLC Company (Mongolia) signed an memorandum of agreement to avert the life-threatening conditions due to fuel emmisions.

 

Representing the Mongolian firm are Lawrence Gochioco, executive director, and Erdenechimeg Yadamdorj, general manager, who signed the agreement with their counterparts Eco-G president Alexander Cayaba and chief finance officer Celestino Palma III.

“Mongolia needs to employ innovative technologies developed by other countries. The Eco-G3000 is a novel low-cost and low-maintenance device that addresses our challenges in gas saving and cutting auto emissions significantly,” Yadamdorj said. “Field tests conducted during my visit in Metro Manila convinced me that the system works.”

Mongolia is largely dependent on imported oil and gasoline products for all its domestic energy requirements. The capital city, Ulaanbaatar, suffers from severe air pollution coming from the ger district and auto emissions.

“The Mongolian government is ready to fully support such a technology”, said Yadamdorj.

According to Cayaba, Eco-G3000 consists of a fuel vaporizer, an auxiliary tank, and a catalyst.

The fuel mixture is vaporized, heated and fed into the vehicle’s intake manifold which results in improved fuel efficiency and the significant reduction of toxic emissions such as carbon monoxide, carbon dioxide, and nitrogen oxide.

“Test results from Land Transportation Office-accredited testing centers have shown that Eco-G3000 can reduce toxic emissions up to 80 percent,” said Cayaba. The system has been installed in tricycles, motorcycles, cars, truck, and buses in Metro Manila.

...the upbeat sales

Vehicle sales up on improved supply, economy

By: Riza T. Olchondra
Philippine Daily Inquirer

Wednesday, July 11th, 2012

 

 

Vehicle sales in June grew by 25 percent year on year on improved supply and favorable economy, the Chamber of Automotive Manufacturers of the Philippines (Campi) said in a statement.

 

During the month, vehicle sales reached 13,697 units, up from the 10,935 cars sold in June 2011, it said.

The 25 percent year-on-year growth in number of units sold brought year-to-date industry sales to 72,874 units, Campi said.

In January to June 2011, sales reached 69,782 units, Campi said.

“Because of the improved supply situation and stable economy in the country, sales have improved significantly. The local automotive industry continues to exceed monthly forecasts and perform better than expected because of these favorable situations,” Campi said.

Toyota Motor Philippines maintained its lead with a market share of 40 percent. Mitsubishi followed with 23 percent and Honda with 8 percent.

“Manufacturers have recovered from their supply problem and are now able to fully serve customer demands.

We are very pleased to end the first semester of the year on a high note,” Campi president Rommel Gutierrez said.

Campi said the strong performance came just as the industry was preparing to host the 4th Philippine International Motor Show on August 16 to 19 at the World Trade Center.

“This event aims to highlight the automotive industry’s role in the economic development by providing transportation requirements. The motor show also intends to promote the automotive industry’s global environmental responsibility,” Campi said.