Cost difference of CBU vehicles compared to local cars Philippines 2020, by country

Published by Statista Research Department, Sep 13, 2021
In 2019, the average cost difference of an imported vehicle from Indonesia was 24 percent lower than a locally produced Philippine car. The same cost difference applied to completely built-up cars from South Korea.

Average cost difference of completely built-up imported vehicles compared to locally produced cars in the Philippines in 2019, by source country

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Release date

February 2020

Region

Philippines

Survey time period

2019

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Automotive industry in the Philippines Demographics of the PhilippinesCoronavirus (COVID-19) pandemic in the PhilippinesPassenger transport in the Philippines
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