The market for commercial vehicles over 2 tons gvw in the Philippines rebounded by over 130% to an estimated 21,692 units in the second quarter of 2021 after plunging by 83% to 9,426 units in the same period of last year.
Competition in the Philippine light truck and bus market has intensified significantly in recent months with the launch of the Isuzu Traviz and the return of the Mitsubishi L300 at the end of September.
Mitsubishi Motors Philippines in November unveiled a production model of the Fuso Canter Commute, a light-duty bus designed to replace the Jeepney as the country’s main public utility vehicle.