The Philippine automotive industry posted a 6.8-percent increase in vehicle sales in the first quarter of 2025, reaching 117,074 units sold compared to 109,606 units in the same period last year.
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) said in a joint report the growth in commercial vehicle (CV) sales drove the industry’s strong performance, with 92,742 units sold, up by 13.9 percent from 81,395 units in the first quarter of 2024.
Passenger car (PC) sales fell 13.7 percent in the first quarter to 24,332 units from 28,211 units a year ago.
Industry sales rose 7.6 percent year-on-year in March, reaching 40,306 units from 37,474 a year earlier, and a modest 2.9-percent uptick from February’s 39,164 units.
Passenger car sales in March went up 3.62 percent to 8,449 units from February’s 8,154 units, while commercial vehicle sales went up 2.7 percent to 31,857 from 31,010 units.
Compared to March 2024, passenger car sales In March 2025 dropped 16.6 percent from 10,127 units. Commercial vehicle sales spiked by 16.5 percent from 27,347 units.
Toyota Motor Philippines retained its dominant market share, accounting for 47.42 percent of year-to-date sales with 55,513 units.
Mitsubishi Motors followed with 23,382 units (19.97 percent), while Nissan ranked third at 6,722 units.
Sales of electrified vehicles (EVs) reached 5,311 units in the first quarter, with hybrid electric vehicles (HEVs) making up the bulk at 4,544 units.
Battery electric vehicle (BEV) sales also showed promise, totaling 692 units in the first quarter—357 of which were sold in March alone, marking an 88.9 percent month-on-month increase.