Philippine auto sales slowed down by 5.7% in November 2018, month-on-month, bucking the positive Q4 mood opened by the previous month. The latest consolidated report from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed a 31,258 unit sales total for the month. 

Compared to the previous year, November 2018 sales paled by 23.4% down from last year’s 40,799 unit total. Total industry volume for the first eleven months of the year is still down by 14.4% compared to the same period last year.

Passenger Car sales showed a 2.62% decline totaling 9,197 units, covering 29.42% of the market. Commercial Vehicles sales was also down with a 6.9% decline totaling 22,061 units, representing the bulk of the market with 70.58%.

Light Commercial Vehicles (LCV) such as vans, pickups, and SUVs led the CV subsegments, comprising 79.75% of CV sales with 17,594 units sold; 6.9% less than last month's 18,896 total. The AUV/MPV segment, on the other hand, sold 3,142 units, down by 7.8% from 3,409. Truck and bus sales went upstream as light truck sales gained 4.4% for a total of 753 units compared to the previous month's 721 units. Category 4 Heavy Duty Truck and Bus sales totaled 425 units (-22.2%) compared to last month's 546 units. Category 5 Heavy Duty Truck and Bus sold 147 units, (+9.7%) compared to last month's 134 units.

"We remain confident that the industry will continue to recover as the year ends," said Atty. Rommel Gutierrez, CAMPI president.

The premium segment was mostly green with Mercedes-Benz (ANG) selling 63 units to top the list, BMW (SMC-ACDC) doubled-up with 50 units to advance to second, Lexus (LMI) sold 38 units sliding down to third, and Jaguar-Land Rover (CMC) with 10 units in fourth.

Sales performances were positive for most brands. The top 3 advancers*: Mazda (BAPI) saw an massive jump of 69.7% following its post-motorshow trend, and Ford (FGP) gained by 16.4% fueled by recently launched models.

However, some marques saw slight trims in their monthly sales figures. Top three decliners*: Suzuki (SPI) with a significant 20.9% drop, Mitsubishi (MMPC) sales declined by 9.7%; and Honda (HCPI) slid by 8%.

*only brands selling more than 100 units per month were included.

The top five performing manufacturers for the month of November are:

1. Toyota – 14,147 units (45.26% market share)

2. Mitsubishi – 5,421 units (17.34% market share)

3. Nissan – 3,453 units (11.05% market share)

4. Honda – 1,894 units (6.06% market share)

5. Ford – 1,891 units (6.05% market share)

In year-to-date sales, Toyota Motor Philippines Corporation continues its commanding lead in the market with 42.55-percent. Mitsubishi Motors Philippines Corporation follows in second with 19.05-percent. Nissan further improves on its third position standing with 9.73-percent. Ford remains in fourth with 6.65-percent and Honda Cars Philippines, Inc. rounds up the top five with 6.57-percent.