MANILA, Philippines — Motor motor vehicle and motorcycle production, as nicely as sales in the Philippines, recorded a double-digit fall from January to November past calendar year in comparison to a 12 months ago on continued weak sector demand thanks to the pandemic.
Details from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed motor automobiles assembled in the Philippines reached 61,257 units in the 11-month time period, down 30 per cent from the 87,864 units in the similar interval in 2019.
All other ASEAN international locations covered by the AAF report also documented a decrease in car creation from January to November past calendar year.
Posting the most important reduction in motor auto assembly was Indonesia (-47.7 %), followed by Thailand (-31.7 percent), Malaysia (-18.7 percent), Myanmar (-15.4 %), and Vietnam (-13 %).
As of conclusion-November, ASEAN’s full motor car output fell by 34 per cent to 2.55 million units from 3.86 million units in the past 12 months.
AAF facts confirmed the Philippines’ motor motor vehicle gross sales had been also down by 42 p.c to 196,197 models from January to November 2020 in comparison to 336,226 units in the very same period in 2019.
Most of the Philippines’ neighbors in ASEAN also registered lower motor vehicle gross sales these types of as Indonesia (-49.6 per cent), Singapore (-39 per cent), Thailand (-25 p.c), Myanmar (-21.6 %), Malaysia (-17.2 %), and Vietnam (-14 %).
Only Brunei saw its motor auto revenue improve by 14 per cent to 12,505 models in the 11-thirty day period time period in 2020 from 10,949 units in 2019.
Motor auto revenue in ASEAN reduced by 32 % to 2.14 million models from January to November 2020 compared to the past year’s 3.15 million units. .
As for motorbike production, the AAF data showed the Philippines’ output was lower by near to fifty percent to 565,407 units as of stop-November previous yr in contrast to the 1.09 million units a year ago.
The country’s neighbors with bike assembly functions also had lessen output this kind of as Thailand (-18.6 p.c) and Malaysia (-13.6 percent).
A complete of 2.46 million bikes were generated in the ASEAN as of conclude-November very last year, down 27.5 % from 3.39 million units in the prior yr.
Motorbike product sales in the Philippines slid by 32 percent to 1.07 million units from January to November from 1.57 million models in the similar period in 2019.
Dips were also seen in motorbike product sales of Singapore (-46 p.c), Thailand (-13.3 %), and Malaysia (-11.6 %) in the 11-thirty day period time period.
As of finish-November, complete motorbike product sales in the region declined by 21 % to 2.92 million models from the past year’s 3.69 million units.