Motorists endure heavy traffic along the westbound lane of Commonwealth Avenue in Quezon City on Thursday, July 28, 2022.
MANILA, Philippines — The Philippines posted a 10 percent increase in motor vehicle production in 2022 but it remains behind the majority of its Southeast Asian neighbors.
Based on data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF), 92,223 motor vehicles were assembled in the Philippines last year, higher than the 83,846 units produced in 2021.
In December alone, the country registered the highest growth rate in vehicle production among ASEAN countries tracked by AAF at 57.5 percent with a total of 8,085 units.
However, full-year AAF figures showed that the country posted the slowest growth rate among other ASEAN countries tracked by the AAF.
Myanmar posted the fastest growth at 62.3 percent.
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