IPC Truck sales post 2-Digit growth

Sales of Isuzu Philippines Corporation's (IPC) medium- and heavy-duty truck models registered a double-digit leap in both year-to-date first-quarter total and month-on-month result for March.

Based on a combined report released by the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association, IPC sold 158 medium- and heavy-duty trucks (Category IV and V) from January to March 2013, a 53.4% spike from the 103 units the company delivered in the same period last year. With total Philippine industry sales of 462 units in the segment, IPC trucks have taken a 34.2% share during the first quarter of 2013.

The report also showed that IPC's sales of medium- and heavy-duty trucks in March jumped 113.5% over the company's result in February. March deliveries reached 79 units while 37 units were sold in the previous month. Isuzu trucks have commanded a 44.1% share as the industry total for the segment in March logged 179 units.

Similarly, IPC's other truck products include the NHR and the NKR of the N-Series light-duty range, which have been the bestsellers in its segment for a record 14 consecutive years. For Category III, sales reached 126 units in March, a 24.8% rise from the 101-unit total it achieved in February. The result means Isuzu's light-duty trucks enjoy a solid 68.5% share of this segment.

Combined sales of Isuzu trucks in all segments (Category III, IV and V) tallied to 205 units in March compared to 138 units in February - a 48% gain.

"The strong performance of Isuzu's commercial truck models is directly parallel to the robust health of the Philippine economy," said IPC Executive Vice President Takashi Tomita. "As various local SMEs and other businesses grow, so does the market's need for vehicles that can be relied upon to move the country forward."

Helping boost IPC's solid first-quarter performance is the Isuzu Crosswind, which during the first three months of the year posted an 8% growth with sales of 1,518 units compared to the 1,405 units moved during the same months in 2012. In March, the Crosswind's tally of 512 units was 4.5% higher than the 490 units sold in February.

Loading...

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • OIC asked to complete review of peace pact with MNLF
    OIC asked to complete review of peace pact with MNLF

    The Philippine government is asking the 57-nation Organization of Islamic Cooperation (OIC) to finally complete the tripartite review process of the implementation of the 1996 peace agreement with the Moro National Liberation Front (MNLF). The review – snagged  for several years as government had its hands full with the peace process with rival faction Moro Islamic Liberation Front (MILF) – tackles how the 1996 peace pact with the MNLF has been implemented and centers on the three remaining …

  • Alleged Binay dummies appear in Senate probe
    Alleged Binay dummies appear in Senate probe

    Eight of the resource persons ordered arrested by the Senate finally attended the 21st public hearing of the Senate Blue Ribbon subcommittee into the alleged anomalies involving Vice President Jejomar Binay, but the proceedings turned out to be a review of matters previously presented. For over three hours, the subcommittee heard presentations regarding the alleged hidden assets of Binay and the issue regarding the supposed P200 million in kickbacks he received from a deal between the Boy …

  • DOJ wraps up Mamasapano probe
    DOJ wraps up Mamasapano probe

    The Department of Justice (DOJ) is wrapping up its investigation into the “massacre” of 44 members of the Philippine National Police Special Action Force (PNP-SAF) in Mamasapano, Maguindanao last Jan. 25. A joint team of prosecutors and NBI (National Bureau of Investigation) investigators is about to finish the second part,” Justice Secretary Leila de Lima has told congressmen. She was responding to questions raised by former senior police officer and now Rep. Samuel Pagdilao of party-list …

  • APEC meet in Bataan seen to boost tourism
    APEC meet in Bataan seen to boost tourism

    BALANGA CITY, Bataan – More than 2,000 delegates of the Asia-Pacific Economic Cooperation (APEC) and international media outfits are expected to enjoy the splendid coastline of Bagac town, which faces the West Philippine Sea, as they converge for a workshop in this province next month. …

  • DOST opens P54-M research facility
    DOST opens P54-M research facility

    A P54-million research and development facility of the Department of Science and Technology (DOST) was recently opened in Bicutan, Taguig for scientists and researchers to develop technology and techniques to allow Filipino fashion and clothing designers and manufacturers to produce more mainstream products from local, tropical fabrics like piña, banana and abaca. Science Secretary Mario Montejo said the Innovation Center for Yarns and Textiles (ICYT) is the DOST’s flagship effort at reviving …

  • DFA worried about alleged violations of convicted Pinoys’ rights
    DFA worried about alleged violations of convicted Pinoys’ rights

    Philippine embassy officials in Doha have raised their concern with Qatari authorities over coercion and human rights violations in the alleged forcing of three Filipino workers convicted of spying to provide information and confess to the crime. Speaking to reporters, Department of Foreign Affairs (DFA) spokesman Charles Jose yesterday said the embassy has raised the matter during several high-level meetings with Qatari officials and the national human rights committee in Qatar. “Our embassy …

  • US affirms ‘ironclad’ promise to defend Phl
    US affirms ‘ironclad’ promise to defend Phl

    US Defense Secretary Ashton Carter told his Philippine counterpart on Wednesday that Washington’s pledge to defend the Pacific nation remains “ironclad” and called for an end to land reclamation in the South China Sea, officials said. In talks in Hawaii with Voltaire Gazmin, Philippine secretary of national defense, the Pentagon chief “reaffirmed” the strong ties between the two countries and discussed territorial disputes in the contested waters of the South China Sea, where Beijing has been …

  • ‘Conflict to affect economic growth, stability in SEA’
    ‘Conflict to affect economic growth, stability in SEA’

    Conflict in the South China Sea can affect economic growth and stability in Southeast Asia, New Zealand warned yesterday, amid China’s aggressive reclamation activities in disputed waters. New Zealand is marking its 40 th year of diplomatic ties with the Association of Southeast Asian Nations, and hopes to intensify trade and other linkages with the 10-member grouping. ASEAN members Brunei, Malaysia, the Philippines and Vietnam have overlapping territorial claims with China over the Spratly …

POLL

Should Aquino be held accountable over the Mamasapano operations?

Loading...
Poll Choice Options