New Car Sales Rise 24.2 Percent In March | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices

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New Car Sales Rise 24.2 Percent In March | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
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New car sales rise 24.2 percent in March. CAMPI NewCarSales PHLAutoIndustry CarGuidePH

compared to the same month a year ago, based on a joint report of the Chamber of Automotive Manufacturers of the Philippines and the Truck Manufacturers Association . The CAMPI-TMA report shows that sales reachedPer a CAMPI statement, the March sales performance is theThe high sales growth of the industry is attributable to thriving consumer demand for new motor vehicles as well as favorable economic conditions, the statement continued.

Commercial vehicle sales increased by 28.5 percent to 72,531 in the Q1 2023. Sales of LCVs went up by 21.5 percent to 55,436, while AUV sales climbed by 73 percent to 14,688 units. led in both monthly and quarter sales figures. Q1 2023 sales reached 45,205 units , while in March, they moved 16,906 units.had the second-biggest market share with 17,765 units in Q1 , with March sales hitting 7,109 units.

is fourth with 5,893 units sold with 1,722 units sold in March. The fifth spot for Q1 sales ended up withNew Car Sales March 2023Nissan Philippines – 2,861 Isuzu Philippines – 1,539 United Asia Automotive Group – 306 SMC Asia Car Distributors – 110 Autocentral Enterprises, Inc.

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