The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) is confident the domestic auto industry will meet its 2025 sales target, even as it lowered its sales outlook to 486,000 units on softer market conditions.
Outgoing CAMPI president Rommel Gutierrez said the industry remained on track to close 2024 strong. He said the group is “confident” the industry would meet its target once final data for October to December are consolidated.
“We are on target. I cannot confirm yet the 500,000, but it’s possible once we get all the figures by the end of December,” said Gutierrez.
He said only “a few” more units are needed to reach the earlier-projected volume.
The year-end demand continues to be supported by interest in hybrid and electric vehicles, coupled with the usual holiday-season spike as consumers upgrade their cars, he said.
“People are still buying, especially when there are discounts,” Gutierrez said, adding that recent political issues have not significantly dampened sentiment.
“We don’t feel that much impact politically,” he said.
Industry officials said the trimmed outlook provides a more realistic baseline heading into 2025 following the recent market deceleration.
CAMPI will release the full-year 2025 sales report once all manufacturers submit their December results.
CAMPI, which compiles official industry sales together with the Truck Manufacturers Association (TMA), celebrated its 30th anniversary on Friday with the launch of a commemorative coffee table book at the Seda Hotel in BGC.
Data showed that total vehicle sales reached 383,424 units in the first 10 months of 2025, or 0.2 percent below the 384,310 units sold in the same period last year.
Commercial vehicles (CVs) dominated the market, capturing nearly 80 percent of total sales. CV sales climbed 7.9 percent in 10 months to 305,963 units, but passenger car (PC) sales dropped 23.2 percent to 77,461 units.
