Wednesday, February 18, 2009

Honda Car Philippines Blooming?

Car Finder Philippines states a while back a very good news for the car industry in the Philippines. It seems like Honda Car Philippines is not affected by the recession.

A data has been released by Honda Philippines that even in economic turmoil, the needs of the people are still improving. Stating the growth of 22% this year.

Data released by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) showed that Honda posted 1,278 unit sales and captured 38% of the entire PC market. Notwithstanding the impact of global economic turmoil, HCPI proved its resilience as it managed to register 22% growth in car sales

This is a great news as we can see that there are huge car companies that are not affected directly by the economic crisis.

If you want to read the whole story about the news honda cars philippines just follow the link.

Thursday, February 12, 2009

Car Sales for Toyota is Going Down

Toyota Philippines has announced the rolling back of their prices. Much like the gas price and jeepney fair. LOL. But this is a good news and bad news. Bad news because we know that the global economic crisis is affecting us all and the car industry is one of it. Good news is that cars are cheaper!

I've been planning to get a car myself but and this is absolutely the best time I guess. Toyota's website is here and if you want to find cars in the Philippines, just click the link.