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Press Releases
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Wednesday, 18 March 2009 14:52 |
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March 16, 2009 - Honda Cars Philippines, Inc. (HCPI) continued to dominate the passenger car (PC) segment in February with 39% market share. Report released by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) showed that Honda generated 1,242 unit sales out of the total PC unit sales of 3,162. Essential in sealing its leadership in the segment was its locally manufactured All New City, comprising 60% of Honda’s PC sales. Entering the local scene last January 2009, the 3rd generation City reinforced Honda’s claim in the PC segment with 744 unit sales in February. The introduction of the new City’s cutting-edge design and class-leading features that were once reserved for luxury vehicles simply changed the rules on how subcompacts should be like. Honda’s other sedan models likewise played significant role in protecting the PC crown. The Civic logged 4% growth with 303 unit sales, thereby capturing 33% share of the entire compact sedan class. Jazz and Accord models posted 159 and 36 unit sales, respectively. Honda remained optimistic as its Year-to-Date (YTD) PC sales grew by 31%. In terms of commercial vehicle (CV) sales, Honda’s performance was up by 4% with its CR-V model. Including CR-V sales of 228 units, it recorded a total of 1,470 units in February. Of this figure, Honda ranked second among the entire automotive industry, thereby attaining 16% share of the market. Read the full Press Release |
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Press Releases
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Tuesday, 10 March 2009 16:54 |
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THE PHILIPPINE arm of Japanese automotive maker Toyota Motor Corp. will introduce its hybrid sedan to the local market within the year, an official yesterday said.  TOYOTA’S hybrid car is expected by midyear. Alfred V. Ty, Toyota Motor Philippines Corp. (TMP) Vice-Chairman, said upgrades to the Prius technology after test drives last year have made it adaptable to the country’s road conditions. At the same time, TMP officials maintained their previously cited flat targets for sales and production this year. "We have the go signal to bring [the Prius] in and we’re very happy about that," Mr. Ty told reporters at the sidelines of the launch last Monday night of the Lexus RX350. Read More |
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Press Releases
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Wednesday, 25 February 2009 04:39 |
 In these days of economic adversity, many carmakers cut costs by scaling down features of their vehicle models or they hope to ride out the crisis by just keeping what they have. Such is not the case at Isuzu Philippines Corp. The diesel authority firmly believes that customers are won and kept by continuously improving their line of product offerings. It is with this belief that Isuzu has launched the 2009 Alterra midsize sport-utility vehicle. Already an excellent product—with thousands of satisfied owners since its launch in May 2005—the new Alterra is now even better, receiving more value-for-money features that are sure to impress in these times of moderation. For 2009, the Isuzu Alterra will be available in new body colors. There’s the limited monotone color, Starry Black. Other monotone colors are the Omega White Pearl and Sterling Silver. For two-tone color combinations, the Alterra will be offered in Starry Black, Chardonnay Gold, Nautilus Blue and Nebula Gray. The 2009 Alterra also boasts new-design 16-inch six-spoke alloy wheels as well as a new-design circular tailpipe finisher. Chrome is also a nice addition on the vehicle, as the door handles and power-folding side mirrors have now been chromed. Projector headlamps with foglamps in front, a reverse camera, and four-eye backing-up sensor at the rear complete the exterior package. Read More on the Isuzu Website
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Press Releases
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Thursday, 26 February 2009 14:15 |
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BPI Family Savings Bank, the retail-banking arm of Bank of the Philippine Islands will hold its annual Auto Madness Show starting on March 12. Together with Dealer partners, BFSB will gather together models of 17 major car brands and will offer attractive rates to car buyers during a four-day extravaganza. It will be held in 10 locations in the Philippines: Glorietta Activity Center in Makati City, CSI Citimall-Dagupan, Robinson’s Star Mills-Pampanga, Robinson’s Lipa, Ayala Center-Cebu, Island City Mall-Tagbilaran, Robinson’s Place Bacolod and Iloilo, Lim Ket Kai Mall-Cagayan De Oro and NCCC Mall-Davao This is the first time that the Auto Madness will be held simultaneously in 10 locations. It was first launched in Cebu back in 1998, after which BFSB replicated the event in their other provincial business centers, BPI Family Savings Bank’s offers easy and affordable Car financing through its DriveYour Dream Auto Loan |
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Press Releases
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Friday, 20 February 2009 14:25 |
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February 16, 2009 - Honda Cars Philippines, Inc. (HCPI) started the year with passenger car (PC) leadership as the most-awaited 3rd generation Honda City entered the local market last January. Data released by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) showed that Honda posted 1,278 unit sales and captured 38% of the entire PC market. Notwithstanding the impact of global economic turmoil, HCPI proved its resilience as it managed to register 22% growth in car sales. Essential in attaining PC dominance is the City - Honda’s latest product offering. With cutting-edge styling and technologies that are geared towards creating new industry standards, the City got the nods of the local market with 719 unit sales. Such sales feat was in fact 63% higher as compared to the same period of last year. Out of the 1,278 sedans Honda sold in January, 62% are City models. Aside from the City, Honda’s other sedan models likewise played significant role in gaining the PC crown. The Civic continued to log favorable sales with 290 units, thereby capturing 32% share of the entire compact sedan class. Celebration continued as the Jazz and Accord posted 26% and 32% growth respectively, up against December 2008 sales. Among the vehicles available locally, three out of the top five best selling vehicles in January bore a Honda badge: City, Civic and Jazz. “We were very grateful with the market’s continued patronage and trust in Honda products. We felt even greater delight as the market embraced the City’s new styling and improved driving performance. Despite the implicated threats of economic slowdown, Honda still managed to register sales growth. The unwavering support of the market inspires us to enhance product and service excellence for ultimate customer satisfaction.” said Mr. Hiroshi Shimizu, HCPI President and General Manager. As a whole, the start of year 2009 proved positive for Honda as it earned 102% growth in combined passenger car and commercial vehicle sales, versus the same period last year. |
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