MANILA – The country’s automotive industry posted a 6.8 percent growth in sales during the first quarter of 2025, according to a joint report released Monday by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).
From January to March, total vehicle sales reached 117,074 units, up from 109,606 units recorded in the same period last year.
Commercial vehicles continued to fuel industry growth, with sales rising 13.9 percent to 92,742 units in Q1 2025 from 81,395 units a year ago.
In contrast, passenger car sales declined by 13.7 percent, falling to 24,332 units from 28,211 units in Q1 2024, tempering the overall growth of the sector.
In March 2025 alone, vehicle sales rose by 7.6 percent year-on-year to 40,306 units from 37,474. Commercial vehicle sales led the surge, climbing 16.5 percent to 31,857 units, while passenger car sales dropped 16.6 percent to 8,449 units.
Meanwhile, CAMPI also reported that electric vehicle (EV) sales for the first three months of 2025 reached 5,311 units or 5.73 percent of the overall industry.
Of the total EV sales in Q1 2025, 4,544 units were hybrid EVs, 692 units were battery EVs, and 75 units were plug-in hybrid EVs.
The top brands in the Philippine market were Toyota, Mitsubishi, Nissan, Suzuki, and Ford. (PNA)