Owing to an upbeat Philippine economy and flourishing business environment, sales of commercial vehicles, particularly trucks and buses have increased by 36.8% based on the combined sales reports of the Chamber of Automotive Manufacturers of the Philippines and Truck Manufacturers Association for the period January to May 2014.
Mitsubishi Motors Philippines’ Fuso truck lineup have registered a 178.6% growth compared to the same period last year. Sales of Fuso trucks and buses combined for 628 units for the first 5 months compared to only 227 units in 2013. MMPC attributes this remarkable performance to the growing demand for brand new trucks especially for both multinational companies and growing enterprises, majority of which are much very much particular on logistics downtime caused by breakdown or accidents due to ageing fleet. At the same time Fuso trucks have been proven to be a tough and reliable business partner given its low running cost, durability and at the same time Japan built quality.
While the Fuso trucks and Rosa bus recorded highly significant sales increases, MMPC Passenger Cars and Light Commercial Vehicles (LCV) have also improved. With the introduction of the Mirage G4 last year and with the growing popularity of the Mirage hatchback, sales for Passenger Cars improved by 36.6%. Both the Mirage and Mirage G4 offer outstanding fuel economy and value and features which continues to draw interest among subcompact car buyers. With this, year-to date sales for MMPC Passenger Car models registered 5,073 units compared to the 3,714 units sold during the same period last year.
Meanwhile LCV sales modestly improved by 7.5% with total of 14,830 units sold for the first five months. MMPC’s bestselling models such as the Montero Sport, Strada, Adventure and L300 continue to attract significant share of the market.