According to the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA), vehicle sales in the Philippines rose 19.9% year-on-year (y-o-y) in April 2014, to 18,094 units. This brought sales for the first four months of 2014 to 69,737 units, an increase of 22.1% y-o-y.

BMI Industry View 7

SWOT 9

Political 10

Economic 11

Business Environment 12

Industry Forecast 13

      Table: Autos Total Market - Historical Data And Forecasts (Philippines 2012-2018) 13

      Table: Passenger Car Market - Historical Data And Forecasts (Philippines 2012-2018) 13

      Table: Commercial Vehicle Market - Historical Data And Forecasts (Philippines 2012-2018) 14

      Table: Motorcycle Market - Historical Data And Forecasts (Philippines 2012-2018) 14

Macroeconomic Forecast 22

Investment To Continue Its Charge 22

Likely Recovery In The Export Sector 24

Typhoon Yolanda To Spur Public Spending 25

Remittances Supporting Private Consumption Growth 25

Risks To Economic Outlook 26

      Table: Philippines - Economic Activity 27

Industry Risk/Reward Ratings 28

      Table: BMI Industry Risk/Reward Ratings - Asia-Pacific Autos 31

Competitive Landscape 32

Passenger Cars 32

      Table: Top 10 Carmakers In Philippines By Sales In 2013 (Including AVID Members) 32

Industry News 34

Commercial Vehicles 36

      Table: Philippines Commercial Vehicles - Production & Sales, 2012-2018 36

Motorcycles 37

Company Profile 38

Company Monitor 38

Toyota Motor Philippines (TMP) 42

Honda Cars Philippines (HCP) 43

Regional Overview 44

Asia Regional Overview 44

      Table: Vehicle Sales March 2014 (Cbus) 44

Global Industry Overview 49

      Table: Passenger Car Sales March 2014 49

European Growth Gathers Momentum 49

Japan Prepares For Tax Fallout 51

China Wobble Adds To BRIC Weakness 52

Demographic Forecast 55

Demographic Outlook 55

      Table: The Philippines' Population By Age Group, 1990-2020 ('000) 56

      Table: The Philippines' Population By Age Group, 1990-2020 (% of total) 57

      Table: The Philippines' Key Population Ratios, 1990-2020 58

      Table: The Philippines' Rural And Urban Population, 1990-2020 58

Methodology 59

Industry Forecasts 59

Sector-Specific Methodology 60

Sources 60

Risk/Reward Ratings Methodology 61

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 62

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