Passenger cars, AUVs buck sales decline in August


Posted at Oct 11 2016 02:42 PM

MANILA – Motor vehicle sales fell in September from the previous month, except for passenger cars and Asian Utility Vehicles (AUV), which registered increases as the government grappled with a traffic crisis that threatened to clip economic growth, industry data released Tuesday showed.

Passenger car sales rose 8.7 percent with 12,110 units sold in September compared to 11,136 in the previous month. AUV sales rose 3.8 percent with 5,954 units sold, according to the Chamber of Automotive Manufacturers of the Philippines.

Industry-wide sales for the month were down 3.1 percent from August. Commercial vehicle sales fell 9.4 percent, light commercial vehicle sales were down 7.3 percent, light truck sales were down 50.6 percent.

Sales for two categories of trucks and buses were down 48.4 percent and 58.3 percent, data showed.

In the first nine months of the year, total industry sales were up 26.7 percent with 261,370 units sold.

Legislators are deliberating on a proposal to grant "emergency powers" to President Rodrigo Duterte to untangle chronic jams that result in P2.4 billion in daily losses to the economy, according to a Japanese study.