Updated 00:49 AM PHT Thu, September 1, 2016
Metro Manila (CNN Philippines) — Even as they complain about traffic congestion, the hours wasted whenever another "carmaggedon" happens on Edsa, and the lack of roads – Filipinos still keep on buying new vehicles.
In 2015, some 288,609 new vehicles were sold by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), the country's largest automotive manufacturer and distributor group.
This figure exceeded the group's sales target of 272,000 vehicles for that year – and amounts to a nearly 23-percent increase over sales in 2014. For the first half of 2016, the group sold 167,486 units, which is over 27 percent more than the sales for the same period last year.
In a press statement, CAMPI expressed confidence it would achieve its initial yearly target. It cites the continued supply of vehicles, attractive promos, and affordable financing schemes as the key factors driving up sales.
Riding on the strong growth of the local car industry, CAMPI will be holding the 6th Philippine International Motor Show (PIMS) from Sept. 14 to 18 at the World Trade Center in Pasay City.
Seventeen car manufacturers and distributors will display their latest vehicles and automotive technologies: BAIC, BMW, Daewoo Bus, Foton, Honda, Isuzu, Jeep, KIA, Lexus, Mazda, Mercedes-Benz, Mitsubishi Motors, Nissan, Peugeot, Suzuki, Toyota, and Volkswagen.
The theme of this year's PIMS is "Steer The Future" with the tagline "CAMPI: Driving Progress, Empowering Society." CAMPI said the show highlights the automotive industry's valuable contributions to the advancement of the country and its economy.
"PIMS is proof that the automotive industry remains robust these past few years," said CAMPI president Rommel Gutierrez. "We are excited to stage it this year as we lead Filipinos to a future of better mobility and transportation, and contribute to the country's progress."
Apart from showcasing the best and the latest vehicles from top brands, the show will feature the CAMPI Brand Heritage Exhibit, car-club conventions, test drives, a drift-box activity, a car-wash activity and kiddie day-care activities. These are perfect for car enthusiasts, prospective car buyers, automobile-business owners and anyone who wants to be in the know with the Philippine automotive scene.
The 6th PIMS is co-presented by Total Philippines Corporation. Tickets to the showcase are available at SM Tickets for only ₱100.
For more information, visit smtickets.com or dial 470-22-22.