Motorbike production in the Philippines surges
Motorbike production in the Philippines has increased 28.7 per cent in the January to July period, according to new data released by the ASEAN Automotive Federation.
In the period, 411,684 motorcycles and scooters were produced in the Philippines. In July 2013 alone, 66,453 motorcycles and scooters were assembled in the country, a tenth more than the 60,276 in the same month in 2012. Sales in the seven months rose by 6.2 per cent to 417,931.
The data shows that the Philippines posted the fastest growth in motorcycle production in ASEAN, but still ranks low in terms of volume. Indonesia remained the biggest producer in the region with over 4.6 million bikes manufactured as of end-July, up 7.7 per cent year-on-year. Motorcycle production in Thailand slid 12.2 per cent while Malaysia’s output slightly dropped 0.7 per cent.
In the first seven months of 2013, the four motorcycle-producing countries in ASEAN assembled a combined 6,775,492 units, 3.5 per cent higher than last year’s 6,547,496. At end-July, 6,676,832 motorcycles and scooters were sold in Indonesia, Malaysia, the Philippines, Singapore and Thailand, or 5.1 per cent more than the 6,351,436 sold in the five countries last year.
However, the data includes only the brands of Honda, Kawasaki, Kymco, Suzuki and Yamaha, while local production and sales of Chinese brands are not counted. The huge market of Vietnam does also not show up in the data.
Motorbike production in the Philippines has increased 28.7 per cent in the January to July period, according to new data released by the ASEAN Automotive Federation. In the period, 411,684 motorcycles and scooters were produced in the Philippines. In July 2013 alone, 66,453 motorcycles and scooters were assembled in the country, a tenth more than the 60,276 in the same month in 2012. Sales in the seven months rose by 6.2 per cent to 417,931. The data shows that the Philippines posted the fastest growth in motorcycle production in ASEAN, but still ranks low in terms of volume. Indonesia remained the...
Motorbike production in the Philippines has increased 28.7 per cent in the January to July period, according to new data released by the ASEAN Automotive Federation.
In the period, 411,684 motorcycles and scooters were produced in the Philippines. In July 2013 alone, 66,453 motorcycles and scooters were assembled in the country, a tenth more than the 60,276 in the same month in 2012. Sales in the seven months rose by 6.2 per cent to 417,931.
The data shows that the Philippines posted the fastest growth in motorcycle production in ASEAN, but still ranks low in terms of volume. Indonesia remained the biggest producer in the region with over 4.6 million bikes manufactured as of end-July, up 7.7 per cent year-on-year. Motorcycle production in Thailand slid 12.2 per cent while Malaysia’s output slightly dropped 0.7 per cent.
In the first seven months of 2013, the four motorcycle-producing countries in ASEAN assembled a combined 6,775,492 units, 3.5 per cent higher than last year’s 6,547,496. At end-July, 6,676,832 motorcycles and scooters were sold in Indonesia, Malaysia, the Philippines, Singapore and Thailand, or 5.1 per cent more than the 6,351,436 sold in the five countries last year.
However, the data includes only the brands of Honda, Kawasaki, Kymco, Suzuki and Yamaha, while local production and sales of Chinese brands are not counted. The huge market of Vietnam does also not show up in the data.
