Isuzu Philippines Corp. said vehicle sales increased 37.5 percent in the first four months from a year ago, amid the sustained growth of the automotive industry.
The company said it sold 8,798 vehicles in January to April, up from 6,396 units sold in the same period in 2015, based on data from the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association.
IPC said that in April alone, vehicle sales reached 2,219 units, up from 1,999 units sold in April 2015.
“Isuzu Philippines is pleasantly surprised to find out how close our sales in April came to those we have made in March, especially considering that it took the company nearly two decades to achieve that record,” IPC president Hajime Koso said.
“The result places us firmly on track to meet our year-end target, and indicates an upward trend not only for Isuzu, but also for the entire Philippine automotive industry,” Koso said.
Isuzu Crosswind contributed to sustained sales with 479 units sold in April and a total of 1,562 units in the first four months.
Both figures are improvements over comparable periods in 2015, signifying the model’s steady demand in the local market, according to IPC.
Supporting Crosswind sales in April were those of the flagship Isuzu mu-X sport-utility vehicle with 983 units, Isuzu N-Series light-duty trucks with 355 units, Isuzu D-Max pickup with 338 units and the company’s wide range of commercial trucks and buses with 64 units.
All models recorded gains from their results during the same period last year.
Isuzu said along with the company’s performance, D-Max and mu-X were offered through accessible ownership plans for the entire month of May.