The Philippines ranked last among the eight countries under the Asean Automotive Federation in terms of annual growth in car sales after a lackluster performance in 2018.
The AAF noted that automotive sales in the Philippines dropped 20 percent to 357,410 units in 2018 from 425,673 units in 2017.
Next was Singapore which posted slower sales of 95,243 units, down 18 percent from 116,148 units a year ago. Total sales in Southeast Asia rose 6.7 percent to 3.56 million from 3.33 million in 2017.
Myanmar posted the most improved sales with a growth of 113 percent to 17,524 units from 8,225.
Brunei sales added 0.2 percent to 11,226 units from 11,209, while Indonesia and Malaysia reported sales growth of 6.6 and 3.8 percent, respectively to 1.15 million units and 598,714 units.
Thailand and Vietnam both posted double-digit growths of 19.5 and 15.2 percent, respectively, to 1.04 million units and 288,683 units.
