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FUSO Philippines Celebrate 2024 Milestone with Record Sales & Significant Growth

Achieves 35% Growth in 2024

Sojitz Fuso Philippines Corporation
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Sojitz Fuso Philippines Corporation

Sojitz Fuso Philippines celebrates impressive sales growth and network expansion in 2024, continuing its commitment to delivering world-class commercial vehicles.

The Philippine economy in 2024 has shown steady growth, supported by strong domestic demand, a recovering tourism sector, and continued expansion in manufacturing and services. While global economic challenges persist, the country’s economic performance remains resilient, underpinned by ongoing infrastructure development, digital financial services, and reforms aimed at sustaining long-term growth.

With the projected 2024 Philippine economic growth in mind, Sojitz Fuso Philippines Corporation (SFP) is proud to announce another accomplishment. Last 2024, SFP marked an impressive thirty-five percent (35%) vehicle sales growth compared to 2023. This success underscores SFP’s solid development direction and commitment in delivering world class trucks, buses, and customer service.

As a background, SFP has been chosen by several businesses as their mobility solutions provider. These partnerships highlighted SFP’s ability to meet the needs of small-, medium-, and large-scale operations by providing efficient, durable, and reliable commercial vehicles.

One of the key milestones was its network expansion, making significant growth and local reach. SFP has successfully increased its presence nationwide with its current nineteen (19) dedicated dealers. SFP’s network is still expected to grow up to 21 outlets by the end of 2025 – strengthening its network and enhancing customer accessibility. With the opening of new 3S outlets, SFP has continued to build a foundation that supports both sales and after-sales services.

Based on SFP’s mission of improving the living conditions of Filipino people by providing various mobility options – customer satisfaction remains at the forefront of its operations. Through its dedicated support teams, after-sales services, and customer-centric approach – these initiatives foster strong relationships with both customers and dealers, ensuring the brand’s ongoing success and contribution to the local market.

“The success we have achieved thus far is a direct result of the strong collaborative partnership with our business partners. We appreciate their dedication, hard work, and efforts for the FUSO brand as we significantly contributed to the Philippine market. As we continue to grow, our shared endeavor will continue to build on success, creating new opportunities and delivering international quality service to our valued customers. Thank you for your significant contributions to FUSO’s success!” said Mr. Yosuke Nishi, SFP President & CEO.

As SFP celebrates its remarkable accomplishments in 2024, SFP expresses its deepest gratitude to its customers, dealer network, media friends, and stakeholders, who have played a vital role in the company’s success. Moving forward, SFP is excited to achieve new milestones and continue to contribute to the Philippines’ automotive progress in the future.

Visit FUSO Philippines’ official website at www.fuso.com.ph. Follow us on Facebook at www.facebook.com/FusoPhilippines for the latest news and updates from the brand.

PRESS CONTACT

Ms. Joms Ilaw, Senior Brand Communications Specialist
jn.ilaw@fuso.com.ph | (049) 530 1390

Reference:
The Philippines economy in 2024 | McKinsey

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