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Philippines March 2013: Market at record levels

April 19th, 2013 9 comments

Toyota Vios Philippines March 2013Toyota Vios in Manila, Philippines April 2013

* See the Top 20 best-selling brands by clicking on the title! Many thanks to Myk *

Still only brands data for now for the Philippines, hopefully I will be able to share models data again shortly for this country. And as detailed in my special Manila Auto Show Report, the Pinoy car market is on fire this year. Building on an all-time record in 2012, new car sales are up 11% year-on-year in March to 18,141 registrations, bringing the Q1 2013 total to a record 49,558 units, up a mammoth 24% on Q1 2012. At this rate, the new car market in the Philippines could end 2013 above 225,000 units!

Hyundai Eon Philippines March 2013Hyundai Eon and Jeepney in Manila, Philippines April 2013

Toyota is still king of the castle here with 6,372 sales and 35.1% in March and 34.2% year-to-date, followed by Mitsubishi back just below 20% share this month at 3,612 units, adding up to 10,012 and 20.2% year-to-date. Hyundai rounds up the podium with an excellent 12.8% share in March thanks to 2,327 sales vs. 12% year-to-date. Notice also Ford up to #5 with 5.5% and Suzuki up to #8 at 2.2%

Special Manila Auto Show April 2013 reports:

Part 1: Is the Pinoy car market on the verge of explosive growth?

Part 2: Has the time come for Chinese manufacturers in the Philippines?

Part 3: Special Jeepney Photo/Video report

Previous month: Philippines February 2013: Mitsubishi takes off to 21.4% share

Full March 2013 Top 20 brands Ranking Table below.

Read more…

Categories: Philippines

Manila Auto Show 2013 Part 3: Jeepney Special Report

April 10th, 2013 6 comments

Manila Jeepney1Good old me proudly posing next to “Jesus loves you” the Jeepney…

* See the Full Article featuring 2 videos and 23 photos by clicking on the title! *

This is Part 3 of 3 special reports on the Manila International Auto Show 2013. You can check Part 1 – an overview of the Filipino car market and its perspectives for the near future here and Part 2 – Has the time come for Chinese manufacturers in the Philippines? here. Last but not least, I am now introducing the much-anticipated special photo/video Report on the world-famous Jeepneys that crawl the streets of Manila.

First a bit of history. Our friend Wikipedia says Jeepneys were originally made from US military jeeps left over from World War II. The word jeepney came from the combination of the words “jeep” and “jitney”, a small bus that carries passengers on a regular route with flexible schedule.

Manila Jeepney8b“Virgin Mary”

The original jeepneys were refurbished military jeeps by Willys & Ford. Modern Jeepneys are now produced with surplus engines and parts coming from Japan. My faithful Loney Planet guide said you are bound to lose yourself on your first couple of trips in a Jeepney… Well.

Manila Jeepney3“Capri Conn”

You see directions are written on the Jeepney itself but are pretty confusing to understand as the same street can have 3 different names… In spite of the elements conspiring against me, my first Jeepney trip was perfect – probably because I asked the driver to tell me where to get off. The following two trips: not so much. But that’s the whole fun of it!

Manila Jeepney10“3 Brothers” with happy passengers

One ride from/to anywhere in Manila costs just 8 Pesos (20 cents) and can last up to an hour depending on the traffic. So lots of photo opportunities and a truly amazing experience, which I strongly recommend to any of you readers that have decided to travel to the Philippines. Much better (and much cheaper) than travelling in a taxi, trust me on that one!

Now to the Jeepneys’ sound…

See the full article featuring 23 photos and 2 videos below.

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Categories: Philippines

Manila Auto Show 2013 Part 2: Has the time come for Chinese manufacturers?

April 8th, 2013 3 comments

Manila Auto Show Chery1Can’t be clearer…

* Click on the title to see the full article! *

This is Part 2 of 3 special reports on the Manila International Auto Show 2013. You can check Part 1 – an overview of the Filipino car market and its perspectives for the near future here. Next, let’s focus on the most striking aspect of the Auto Show to me: the space allocated to Chinese manufacturers and their dynamism in the place. Even though Chery first launched in the country in 2007, I have seen absolutely no Chinese cars in the streets of Manila during the 4 days I stayed there. So far, not so good for the Chinese in the Philippines, which makes their dominance at the Show even more interesting.

Manila Auto Show Chery2Good old me with Leon Herrera, CEO of Chery Motors Philippines

I had the privilege to interview Leon Herrera, CEO of Chery Motors Philippines, the brand’s new distributor in the country. For him, “the time has come” for Chery and Chinese manufacturers in the Philippines. Mr Herrera started his career turning the VW Beetle into a roaring success locally in the 70s and 80s, before launching both Hyundai and Kia here. Like in most export markets Chery has entered so far (with the exception of Europe with the Qoros brand), it competes on price. Mr Herrera says “similarly to the Korean when they first appeared locally, we are the cheapest in each category we compete in, but most importantly the technology is now on par”.

Manila Auto Show DongFeng4The Hummer is alive and kicking – as a DongFeng…

Chery resets its presence in the Philippines by launching no less than 4 all-new models this month: the X1 Mini SUV, E5 compact sedan, Fulwin 2 hatchback and QQ3 minicar, all very recent technologies. Mr Herrera sees the most sales potential for the all-new QQ3. At P419,000 or US$10,070 the QQ3 is the cheapest new car on sale in the Philippines (bar the classic QQ3 at P399,000) and “perfect as a first car, for young families, women or students”, says Mr Herrera. With car ownership set to increase sharply over the next few years (see my first report), Mr Herrera does have a point: I saw countless amounts of Hyundai Eon in the streets of Manila during my stay, and the QQ3 is sized similarly.

Manila Auto Show Chery3The Chery Q22 11-seater generated lots of interest from the local press

But it’s the Q22 11-seater LCV that generated by far the most interest from the local press at the Show. Selling for P565,000 or US$13,700 it has no competition price-wise for this size. Remember the smaller Toyota Avanza and Mitsubishi Adventure both ranked within the Top 5 models last year locally, so the potential is there. Mr Herrera confirms: “in the Philippines there is a tradition of extended families living together. When you get married you stay at your parents’ place and when you move out your sister moves in with you and so on. So this is perfect for this type of structure, and also of course for commercial use as a taxicab.”

Manila Auto Show FotonFoton comes in the Philippines all guns blazing

Numbers now. Chery is “aiming at a spot in the Top 5 this year and between 10 and 15% of the market” by 2015, which would place Chery at #3 below only Toyota and Mitsubishi and on par with Hyundai… A very bold target indeed. Mr Guibing Zhang, vice-president of Chery International who I also had the privilege to interview, was a little more cautious. For him, “the priority is to establish a solid foundation in the country and earn the trust of the Filipino consumer as a reliable brand. It’s a step-by-step process”.

Manila Auto Show DongFeng5Good old me with Raymond Tumao, CEO of DongFeng Philippines

I came back a couple days later to check out the public reaction at the Show and the Chery stand was literally flooded by (future?) consumers intrigued by this whole new range of very cheap cars. But Chery was only one of 10 Chinese manufacturers present at the Show. Foton had an impressive display of manliness with leather-clad male and female models posing next to 3 souped-up Thunder pick-ups, making all the other exhibitors at the Show look like teenage girls with ponytails.

See the Full article including Jinbei and JMC studies by clicking on ‘Read more’ below.

Manila Auto Show JMC2JMC logo (bet you didn’t recognise that one!)

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Categories: Philippines

Manila Auto Show 2013 Part 1: Is the Pinoy car market on the verge of explosive growth?

April 6th, 2013 2 comments

Manila Auto Show1Good old me at the Manila Auto Show yesterday

* See the full article by clicking on the title! *

Yesterday I had the privilege to attend the Manila International Auto Show thanks to the invitation of Rico Soriano. This is the first of 3 articles dedicated to the Show, the Pinoy car market and its perspectives in the short/medium term through the views of the main actors of the Pinoy car industry.

See Part 2 here: Has the time come for Chinese manufacturers in the Philippines?

Manila Auto Show2Mini girls at the Manila International Auto Show, April 2013

Back to the Pinoy car market. It is a fascinating time for new car sales in the Philippines and during the opening ceremony Lucita Reyes, Executive Director of the Board of Investments of the Philippines, went through a few key figures that make it clearer why the Pinoy car market could well be on the verge of explosive growth in the coming years. First the total figures: in 2012 a record 184,248 new vehicles were sold in the Philippines, a 12% gain over 2011. However car ownership is still extremely low in the country. With a population of over 95 million inhabitants, there are only 33 registered cars for every 1,000 Filipino and the 2012 figures mean that only 2 new vehicles were purchased last year for each 1,000 inhabitant.

Hyundai Accent Philippines April 2013Hyundai Accent and Jeepney in Manila, Philippines April 2013

How does this compare regionally? The 3 main neighbouring car markets are still way ahead of the Philippines but interestingly they have all also broken their all-time record in 2012. Thailand has been the most impressive with a whopping 81% year-on-year growth to 1,436,355 registrations (or 22 per thousand inhabitants), placing it #12 in the world above Italy. Indonesia was up 25% to 1,116,224 units or 5 per thousand and Malaysia was up 5% to 627,753 registrations or 22 per thousand. Both Thailand and Indonesia experienced their first millionaire year in 2012.

Hyundai Eon Philippines April 2013Hyundai Eon in Manila, Philippines April 2013

Lucita Reyes quoted another very important figure…

See the full article below.

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Categories: Philippines

Philippines February 2013: Mitsubishi takes off to 21.4% share

March 23rd, 2013 2 comments

Mitsubishi Fuzion Zinger Philippines February 2013Mitsubishi Fuzion (aka Zinger)

* See the Top 20 best-selling brands by clicking on the title! Many thanks to Myk *

I am hoping to set in place a regular models ranking update flow for the Philippines when I visit the country in early April for the Manila International Auto Show, but for now I can give you a brands ranking. The Filipino new market is up a huge 23% year-on-year in February to 16,635 registrations, bringing the year-to-date total to 31,417 units, up 33% on 2012. After lodging an all-time record figure in 2012 at 182,955 new vehicles sold, Philippines car sales are on track for their first year above 200,000 units in 2013…

No surprises in the brand ranking: Toyota leads the way by far with 5,913 sales and 35.5% share this month, which is exactly its 2012 share. Mitsubishi shines and reaches a world-best 21.4% market share thanks to 3,554 units compared to 20.4% year-to-date and 19.1% in 2012 while Hyundai rounds up the podium like in 2012 but with a disappointing 9.8% share and 1,632 sales due to supply issues.

Previous month: Philippines January 2013: Hyundai and Honda shine

Previous year: Philippines Full Year 2012: Toyota leads, Mitsubishi at world-best

Full February 2013 Top 20 brands Ranking Table below.

Read more…

Categories: Philippines

BestSellingCarsBlog will be at the Manila Auto Show on 4 & 6 April!

March 11th, 2013 1 comment

Manila JeepneyI can’t wait to take some pictures of Filipino Jeepneys! Pic by bsmith4815, all rights reserved.

It’s with great pleasure that I can announce today BestSellingCarsBlog’s presence at the Manila International Auto Show this coming 4 and 6 April, thanks to the kind invitation of Rico. The Philippines has long been a country I have wanted to visit so there will be lots of pictures taken, both at the Show and in the streets of Manila where I can’t wait to experience the world-famous Jeepneys! So expect a couple of thorough photo reports to be published here. The Philippines is also a country that still has some irregular sales data updates on BSCB so I hope that I will be able to meet the main actors of the industry and find a way of reporting sales by brand and models in a more detailed and regular way. Which leads me to two calls for you:

If you work in the Motor Industry in the Philippines and will be present at the Manila Motor Show: I will attend the opening ceremony on Thursday April 4 from 10am onwards and would be delighted to interview you afterwards about your perception of the Filipino car market and your perspective for the future 2 to 5 years. If you want to get in touch and/or have any specific info to share prior to the Show please do so by filling in the ‘Contact’ form atop this site just below the logo.

If you are a reader of BestSellingCarsBlog and live in the Philippines, I would love to meet you! (I will try and get some BestSellingCarsBlog tee-shirts to distribute) At this stage my plan is to be at the Show on Thursday April 4 at 1pm when the gates open to the public, as well as on Saturday April 6 in the morning to meet and greet my readers. I will confirm this closer to the date. If you want to get in touch with me prior to the Show please do so by either commenting on this article or filling in the ‘Contact’ form above.

Very much looking forward to it!

Manila International Auto Show 2013

Categories: Philippines

Philippines January 2013: Toyota Vios leads, Mitsubishi Mirage #6

February 21st, 2013 4 comments

Toyota Vios Philippines June 2013Toyota Vios and Jeepney in Manila, Philippines April 2013.

* See the Top 100 best-selling models by clicking on the title! Many thanks to Myk *

Thanks to Myk I can share with you today the 100 most popular vehicles in the Philippines for January. Toyota confirms its domination by placing 3 models on the podium (and 6 in the Top 10): the Toyota Vios leads the way as usual with 1,497 sales, followed by the Innova at 1,166 and the Fortuner at 1,023.

Mitsubishi Mirage Philippines June 2013Mitsubishi Mirage at Landmark shopping mall, Manila Philippines April 2013

Toyota Fortuner Philippines June 2013Toyota Fortuner in Manila Philippines April 2013

The Mitsubishi Montero Sport is down one spot on its traditional third position to #4 at 1,017 units. Good showing of the Isuzu Crosswind at #5, but the big difference with the last time we had access to Filipino models ranking is the Mitsubishi Mirage up to a fantastic 6th place and #2 Passenger Car thanks to 664 sales.

Mitsubishi Montero Sport Philippines June 2013Mitsubishi Montero Sport

You can also check my Manila Auto Show reports below:

Part 1: Is the Pinoy car market on the verge of explosive growth?

Part 2: Has the time come for Chinese manufacturers in the Philippines?

Part 3: Special Jeepney Photo/Video report

Full January 2013 Top 100 models Ranking Table below.

Read more…

Categories: Philippines

Philippines January 2013: Hyundai and Honda shine

February 20th, 2013 1 comment

Jeepney Philippines January 2013. Picture courtesy of CNNFilipino Jeepney

* See the Top 20 best-selling brands by clicking on the title! Many thanks to Myk *

Excellent start of the year for new car sales in the Philippines at 14,782 registrations in January, meaning 2013 could be another record year. No surprises atop the brands ranking: Toyota still reigns supreme with 4,685 sales and 31.7%, however below its 2012 share of 35.5%. Mitsubishi is stable at a very strong 19.3% share thanks to 2,850 units while Hyundai rounds up the podium with 1,992 sales and 13.5% vs. 12% over the Full Year 2012. Honda passes Ford to rank #4 with 1,372 sales and 9.3% vs. 6.9% in 2012 and Isuzu does the same at #5 with 834 units and 5.6%.

Previous post: Philippines Full Year 2012: Toyota leads, Mitsubishi at world best

Full January 2013 Top 20 Ranking Table below.

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Categories: Philippines

Philippines Full Year 2012: Toyota leads, Mitsubishi at world best

January 16th, 2013 7 comments

The Philippines is the country of Jeepneys!

* See the Top 18 best-selling brands by clicking on the title! Many thanks to Michael *

New car sales are on fire in the Philippines: 2012 is a record year, up 11% year-on-year to 182,955 registrations and beating the 2010 record of 168,490 units by nearly 15,000 sales! Only a brands ranking is available for now for the Philippines which is a country I am hoping to be able to visit this year… Toyota is ultra-dominant as usual with 65,026 sales and 35.5% share, ahead of Mitsubishi at 34,915 units and 19.1%- making the Philippines Mitsubishi’s best country in the world once again. Hyundai rounds up the podium and is the only other carmaker above 10% share at 21,996 sales and 12%. Honda, Isuzu and Ford follow, Kia impresses at +57% to 7,527 units while Lexus is up 40% to 340 sales.

Previous post: Philippines November 2012: Toyota and Mitsubishi dominate

One year ago: Philippines Full 2011: Stable ranking in solid market

Full Year 2012 Top 18 brands Ranking Table below.

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Categories: Philippines

Philippines November 2012: Toyota & Mitsubishi dominate

December 26th, 2012 5 comments

Toyota Avanza

* NOW UPDATED with the Top 5 best-selling models & Top 10 brands! Click on title to see *

Thank to Luis and Myk I am able to share with you more information for the Filipino new car market in November – if you have access to detailed models data please make sure you get in touch by filling up the ‘Contact us’ form. According to the Chamber of Automotive Manufacturers of the Philippines (CAMPI), sales of local vehicle assemblers are up 21% year-on-year in November to 14,620 units, bringing the year-to-date total to 141,283 registrations, up 8% on 2011. Once importers (handled by the Association of Vehicles Importers and Distributors – AVID) are added, the figures amount to 16,888 for November (+15%) and 167,555 year-to-date (+9%).

Mitsubishi Mirage 

CAMPI president Roque Rommel Gutierrez said the Philippines is on track to set record sales in 2012, “especially as we usually experience increased spending during the holiday season” he said. The expectation for the Full Year 2012 total industry sales is a record-breaking 185,000 units. Brand-wise, Toyota leads with 39.5% share this month and already beats the all-time annual record it set back in 2010 with 58,890 units sold so far in 2012. Mitsubishi lodges its strongest month in the country since 1995 with 3,840 sales, boosted by 1,098 pre-ordered units of the Mitsubishi Mirage which is shaping up to be a runaway hit in the Philippines.

Ford delivers its 2nd highest month ever (best one being last month) at 1,225 sales, up 41% year-on-year, mainly thank to the Ford Ranger at a best-ever 344 units. Year-to-date, the Toyota Vios is #1 at 14,757 sales above the Toyota Innova at 12,005, Mitsubishi Montero Sport at 11,508, Toyota Fortuner at 10,593 (but best-selling SUV in November) and Toyota Avanza at 6,099.

Previous month: Philippines October 2012: Toyota could monopolise podium

Full November and Year-to-date 2012 Top 5 models and Top 10 brands Ranking Tables below.

Read more…

Categories: Philippines