ISUZU Philippines Corp. (IPC) is making an attempt to take care of its management within the native truck section by responding to buyer wants, the corporate’s new president mentioned on Wednesday.
Throughout the management change ceremony on January 18, 2022, Tetsuya Fujita mentioned he’ll proceed to comply with the instructions set by his predecessor, Noburu Murakami, whereas exploring new methods to develop the enterprise.
“As I discussed in my speech, I’ll go in the identical path as Murakami,” Fujita mentioned throughout an interview with reporters. “I imagine the corporate is at present shifting in the suitable path with sturdy management whereas additionally supporting clients’ companies.”
He added that beneath his management, IPC additionally plans to be the very best enterprise companion for its clients whereas persevering with to enhance its community.
“Our focus proper now’s on innovating our facility and our retailers. We plan to export sooner or later, however our focus is at present on these two,” Fujita knowledgeable.
He mentioned IPC is optimistic concerning the firm’s development potential this yr however stays cautious because of financial headwinds.
“Sure we’re certainly optimistic however this yr is also an enormous problem and it is laborious to foretell the longer term as some headwinds stay equivalent to semiconductor shortages and ongoing geopolitical conflicts however general we’re optimistic” mentioned Fujita.
Based mostly on the joint report of the Chamber of Automotive Producers of the Philippines Inc. and the Truck Producers Affiliation Inc., IPC dominated the industrial automobile section after delivering 4,680 items to house owners within the full 12 months of 2022, extending its profitable streak to 23 years would have.
IPC conquered 46.4 % of the market with the talked about gross sales efficiency. The corporate attributed its newest gross sales figures final yr to sturdy demand for the Isuzu N-series in Class 3 (gentle industrial automobiles), which offered 2,952 items and held a 55.3 % market share.