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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Other statistics that may interest you Automotive industry in the Philippines
Overview
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Sales
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Passenger car
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Market players
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Electric vehicle
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CarGuide.ph. (February 23, 2020). Average cost difference of completely built-up imported vehicles compared to locally produced cars in the Philippines in 2019, by source country [Graph]. In Statista. Retrieved June 10, 2024, from https://internal.statista.com/statistics/1120946/philippines-cost-difference-of-cbu-vehicles-compared-to-local-produced-cars-by-source-country/
CarGuide.ph. "Average cost difference of completely built-up imported vehicles compared to locally produced cars in the Philippines in 2019, by source country." Chart. February 23, 2020. Statista. Accessed June 10, 2024. https://internal.statista.com/statistics/1120946/philippines-cost-difference-of-cbu-vehicles-compared-to-local-produced-cars-by-source-country/
CarGuide.ph. (2020). Average cost difference of completely built-up imported vehicles compared to locally produced cars in the Philippines in 2019, by source country. Statista. Statista Inc.. Accessed: June 10, 2024. https://internal.statista.com/statistics/1120946/philippines-cost-difference-of-cbu-vehicles-compared-to-local-produced-cars-by-source-country/
CarGuide.ph. "Average Cost Difference of Completely Built-up Imported Vehicles Compared to Locally Produced Cars in The Philippines in 2019, by Source Country." Statista, Statista Inc., 23 Feb 2020, https://internal.statista.com/statistics/1120946/philippines-cost-difference-of-cbu-vehicles-compared-to-local-produced-cars-by-source-country/
CarGuide.ph, Average cost difference of completely built-up imported vehicles compared to locally produced cars in the Philippines in 2019, by source country Statista, https://internal.statista.com/statistics/1120946/philippines-cost-difference-of-cbu-vehicles-compared-to-local-produced-cars-by-source-country/ (last visited June 10, 2024)
Average cost difference of completely built-up imported vehicles compared to locally produced cars in the Philippines in 2019, by source country [Graph], CarGuide.ph, February 23, 2020. [Online]. Available: https://internal.statista.com/statistics/1120946/philippines-cost-difference-of-cbu-vehicles-compared-to-local-produced-cars-by-source-country/