PH vehicle production tracks Asean recovery

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    Vehicle sales and output in Asean improved in September from August but are still down as of the first three quarters versus the same period in 2019.

    In a report, the Asean Automotive Federation said the Philippines tracked regional uptick in production.

    Output of four-wheel vehicles in the Philippines went up to 36 percent to 7,457 units from 5,456 units in August.

    Production of motorcycles meanwhile rose 68 percent to 88,005 units from 52,391 units in August.

    Total production for the nine-month period of motor vehicles dropped 31 percent to 46, 628 units in the same period in 2019.

    Motorcycle production as of September was 54 percent lower to 411,143 units from 890,379 units last year.

    Vehicle output in Asean stood at 600,589 units in September , an increase of 14 percent from 527,366 units in August.