Philippines First Half 2020: Toyota, Mitsubishi, Nissan top market down -51.5%

Newcomer Geely breaks into the Filipino Top 10 in June.

After grinding to a stop in May with just 133 units and 4.788 in May, CAMPI and TMA have shared new car sales volume in the Philippines for June at -51.2% year-on-year to 15.578 units. Passenger Cars are off -50.6% to 4.711 while Commercial Vehicles drop -51.5% to 10.867. Year-to-date, CAMPI and TMA members have sold 85.041 units, also down -51.2% on the same period in 2019 (174.135), with Passenger Cars down -54.4% to 23.912 and Commercial Vehicles off -49.8% to 61.129. In the detail, LCVs drop -53.1% to 46.305, AUV are at -26.7% to 11.831, light trucks down -57.7% to 1.599. AVIID for its part reports sales down -54.8% over H1 to 19.455 units vs. 43.082. Adding up CAMPI, TMA and AVID figures gives up a Filipino market down -51.9% to 104.496 units vs. 217.217 a year ago.

In the brands ranking, CAMPI and TMA data shows Toyota in the lead with a mammoth 48% share above Mitsubishi (14.6%), Suzuki (9.6%), Nissan (6.5%) and Ford (6.2%) while newcomer Geely reportedly ranks inside the Top 10 thanks to strong sales by its Coolray and Azkarra SUVs (aka Binyue and Boyue). Over the first 6 months of 2020, Toyota (-51.5%) slightly outpace the market to 34.1% share above Mitsubishi (-51.5%) at 14.5% and Nissan (-53.9%) at 9.3%. Hyundai (-53.6%) is estimated to drop to 7.8% share while Ford (-49.5%) overtakes Suzuki (-50.7%) to break into the Top 5. Geely sells 549 units.

Previous post: Philippines Q1 2020: Market down -34.4%, Geely shines

One year ago: Philippines First Half 2019: Nissan up 59.3% in market back up (+1.9%)

Full June 2020 Top 5 CAMPI/TMC brands and H1 2020 Top 6 brands rankings below.