Philippine vehicle production rises 14% in 4 months

Motor vehicle production in the country bounced back in the four months to April, growing by 14 percent from the same period last year when a strict lockdown was imposed and forced car assemblers to temporarily halt operations.

Data from the Association of Southeast Asian Nations Automotive Federation showed the Philippines assembled 25,805 units as of end-April, up from the 22,565 units in the same period a year ago.

For the month of April alone, the Philippines produced 6,206 units, compared to zero in the same month last year.

An enhanced community quarantine, which only allowed essential industries to operate, was imposed by the Philippine government in March and April last year in response to the coronavirus pandemic.

Apart from the Philippines, other countries in Southeast Asia that produced more motor vehicles from January to April are Malaysia, Vietnam and Thailand.

Source: https://www.philstar.com/business/2021/06/03/2102655/philippine-vehicle-production-rises-14-4-months

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