1Q sales breach 100k units; Isuzu promo
HERE is a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) on auto sales for the year’s first quarter.
“A total of 109,606 units were sold in 2024’s first quarter, up by 12.7 percent from 97,284 units during the same period in 2023.
“CAMPI president Rommel Gutierrez said the auto industry closed Q1 2024 with a strong performance despite a slight decline on a month-on-month basis of 1.6 percent.
“YTD sales performance was driven by sustained demand for new vehicles, supported by overall supply improvement. Our Q1 performance keeps us on track to achieve our 2024 target,” Gutierrez said.
“YTD sales show 23 percent achievement of CAMPI’S conservative forecast of 468,300 units in 2024.
“Commercial vehicles (CVS) continue to drive industry performance at 81,395 units, accounting for 74 percent of total sales. Light Commercial Vehicles still drive CV sales with 60,302 units or 74-percent share of total CV sales, but MPV/AUV sub-segment displayed the strongest Yearon-year growth of 27 percent.
“Passenger cars registered sales of 28,211 units equivalent to 26 percent share of total sales.
“As expected, Toyota continues to lead with a 45.31-percent market share, followed by Mitsubishi with 19.04 percent, Nissan 7.22 percent, Ford 6.87 percent and Suzuki 4.01 percent.”
Isuzu promo
ISUZU Philippines Corp. (IPC), known for its durability and reliable vehicles, has announced its new Summertastic Discount Promo of a free safety check-up and up to 20-percent discount on parts from April 17 to May 31.
The Summertastic Promo includes special discounts on parts famously encapsulated by the mnemonic BLOWBAGETS— representing Battery, Lights, Oil, Water, Brake, Air, Gas, Engine, Tires, and Shock Absorbers.
“We hope that through this promo, we can encourage our customers to avail of the free service check-up so that we can ensure the safety and readiness of their vehicle. On top of that, enjoy these discounts before embarking on the summer road trips,” said Hodaka Matsuda, IPC Asst. Vice President for Aftersales.
The offers can be availed at any of the 48 authorized Isuzu dealerships across the country, applicable to all Isuzu models.
Visit www.isuzuphil.com for more details.
Shell zero
PAM Sales reveals that Shell Fleet Solutions has recently partnered with Flash Express, one of the fastest-growing delivery service providers in the Philippines and in the region, as it takes a step towards decarbonizing its extensive, nationwide operations by joining Shell’s Accelerate to Zero initiative.
According to Ken Research estimates, the logistics market in the Philippines is projected to expand to approximately PHP ~1160 Bn by 2027, driven by increasing budget allocations and a rising demand for food, beverages, and manufacturing products in the country, as well as infrastructural developments and technological advancements. The environmental impact of this growth has yet to be considered or measured on a large scale.
While the predominant vehicle of choice for the delivery services side of logistics is motorcycles, and these have a relatively small carbon footprint, the fact remains that many of the trips motorbike delivery operators make in a day are inefficient. Motorcycles delivering 1-3 meals, over 5-kilometer (km) distances, or small packages or even envelopes across the city, often over distances greater than 10 km, are not unusual.
“What happens next will be hopefully the utilization of other offers under the umbrella of our Accelerate to Zero program. We already have the carbon offset program, and telematics system is underway. So hopefully all these will help accelerate Flash Express in reaching its goals to fully decarbonize,” said Christopher Alli, Country Business Manager for Shell Fleet Solutions.
Good move, Shell.
PEE STOP Nikkei reports that Xpeng, Ehang and other Chinese companies are commercializing flying cars this year, tapping the country’s advantages in electric car technologies to claim a large share of the emerging global market. China accounts for 50 percent of the world›s total electric vertical take-off and landing vehicle models, according to a China Merchants Securities report, far above the US’S 18 percent and Germany’s 8 percent.