Mga Pinoy na bumili ng sasakyan, tumaas, ayon sa CAMPI at TMA | Saksi - video Dailymotion

GMA Integrated News

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00:00In the first three months of 2024, the number of Filipinos who bought cars has increased.

00:07And according to one group, having a car is a status symbol.

00:11But the effect is of high volume, heavy traffic.

00:16EJ Gomez is a witness.

00:21It took three years for Karl to buy his own car.

00:26Karl admitted that he was living in Calvario when he was still commuting.

00:30Right now, the roads are empty.

00:32So, in March, I bought a car.

00:35Especially since it's very hot right now.

00:38He said that the traffic is okay and that sometimes, the price of gas is high.

00:43It's very convenient for me because every week, I go home to Batangas to be with my family there.

00:49And also, it's very hard to commute these days.

00:53Especially since there are frequent roadblocks.

00:58Karl is one of almost 40,000 Filipinos who bought a car this March

01:03based on the data of the Chamber of Automotive Manufacturers of the Philippines Incorporated or CAMPI,

01:09a Truck Manufacturers Association.

01:11The March 2024 data is 1.6 percent higher than the total of 36,880 last March.

01:20In the first three months of 2024, 12.7 percent increased in the same period in 2023.

01:27This year, it is expected that the total passenger cars and commercial vehicle sales will reach almost half a million or 468,300 units

01:37according to CAMPI.

01:39This is because of the higher consumer demand and the growing economy.

01:45It is also proven to be a good investment destination for the Philippines.

01:50One of the fastest growing markets in terms of vehicle sales and vehicle production of the Philippines in ASEAN.

01:57According to the Automobile Association of the Philippines or AAP,

02:00the car is also a status symbol and that's why more Filipinos are buying it.

02:05The auto, if you look at the Filipino psyche, it's like a trophy.

02:10We use that as a sense of achievement.

02:13Buying a car is hard to handle because while Filipinos are getting rich,

02:18there is an opportunity to buy through credit.

02:21But the effect of that on the road is that there will be no significant traffic.

02:27And based on the latest data of the Japan International Cooperation Agency or JICA,

02:324.9 billion pesos are wasted every day due to traffic in Metro Manila this 2020.

02:39According to the JICA estimate, the country will lose 9.4 billion pesos every day by 2027

02:46if traffic is not solved.

02:49They say it can be solved.

02:51The enforcement of driver education and licensing needs to be improved.

02:55The attitude of the Filipino driver is to go ahead of the traffic.

02:59Using the road in an orderly manner therefore is a good solution.

03:04Stopgap, but the long term really would be mass transport.

03:08For GMA Integrated News, EJ Gomez is your witness.

03:14Kapuso, let's be witnesses together.

03:17Subscribe to GMA Integrated News on YouTube.

03:20And for Kapuso Abroad, join us on GMA Pinoy TV and www.gmanews.tv.

03:37Transcription by ESO. Translation by —

Mga Pinoy na bumili ng sasakyan, tumaas, ayon sa CAMPI at TMA | Saksi

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