* See the Top 20 All-brands ranking by clicking on the title! Thanks Myk *
The Pinoy new car market doesn’t slow down its explosive growth: up another 16% year-on-year in February to 19,305 registrations, which brings the year-to-date total to 37,952 units, up 21% on 2013 which itself was up 33% on 2012! Told you, the Philippines are testing new ground each year when it comes to new car sales. At this rate, after breaking the 200,000 annual unit-mark for the first time in 2013, we could be looking at 250,000+ sales in 2014! Below Toyota and Mitsubishi still dominant at 35,7% and 22.8% share respectively, Hyundai is up a shy 5% to 1,710 sales but Ford (+48%) and Chevrolet (+58%) are very impressive in 4th and 7th place respectively. Notice also Suzuki up 52% to #10, Subaru up 37% to #11, Mazda up 106% to #12 and BMW up 32% to #13.
Previous month: Philippines (brands) January 2014: Vios boosts Toyota up 50%
Full February 2014 Top 20 All-brands Ranking Table below.