Philippine vehicle sales rise 2% in December

New conveyance income successful the Philippines roseate by 2% to 42,870 units successful December 2025 from 42,044 units a twelvemonth earlier, according to members’ wholesale information released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and the Truck Manufacturers Association (TMA). The marketplace has begun to dilatory successful caller months, aft 3 years of beardown maturation from the 2021 pandemic lows.

Economic maturation successful the state is expected to person stabilised successful the 4th fourth of 2025, aft maturation slowed to 4.4% year-on-year successful the 3rd quarter, helped by accrued authorities spending successful effect to wide flooding pursuing terrible upwind successful the country. Over the afloat year, GDP maturation is estimated to person slowed to 4.7%, down from 5.7 successful 2024, reflecting anemic user and capitalist sentiment, contempt the cardinal slope cutting its benchmark involvement complaint by 200 ground points to 4.50% successful the past eighteen months.

In the full of 2025, the conveyance marketplace fell somewhat to 463,646 units, compared with 467,252 units successful the erstwhile year, underpinned by a 7% emergence successful commercialized conveyance income to 370,722 units, portion income of rider cars fell by 23% to 92,924 units. Including non-CAMPI/TMA members, the Philippine conveyance marketplace expanded by 3.7% to 491,395 units past twelvemonth from 473,842 units successful 2024.

Toyota dominated the marketplace with income rising by 5% to 229,447 units past year, with the institution enjoying beardown request for its Hilux and Avanza/Veloz ranges; followed by Mitsubishi Motors with 86,808 units (-3%); Suzuki 21,984 units (+8%); Ford 21,784 units (-22%); and Nissan 20,571 units (-23%).

Sales of electrified vehicles, including those by non-member companies specified arsenic BYD, surged by 142% to 58,903 units successful 2025, with hybrid vehicles accounting for astir 90% of the total. In 2024, the authorities expanded its EO12 zero-tariff inducement programme, which runs until 2028, from conscionable zero-emission vehicles to besides see hybrid vehicles.

GlobalData expects the airy conveyance marketplace to proceed to turn successful 20026, by 4% to 493,000 units from 474,000 successful 2025, with income forecast to turn by 5% to 517,000 units successful 2027, arsenic consumers respond to reduced involvement rates.

"Philippine conveyance income emergence 2% successful December" was primitively created and published by Just Auto, a GlobalData owned brand.

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