The Truck Manufacturers Association Inc. (TMA) expects stronger truck sales in 2026, building on stable industry performance in 2025 and sustained demand across key economic sectors.
TMA said the industry is positioned for growth this year, driven by continued government infrastructure spending, expanding logistics requirements and rising investments in fleet modernization.
TMA president Robert Carlos said meeting sales targets last year provides a strong foundation for expansion in 2026.
“Having achieved our industry truck sales targets in 2025, we are confident about the positive outlook for 2026. With sustained infrastructure development and vibrant economic activity, our member companies are well-prepared to meet the growing demand for reliable, efficient and innovative commercial vehicles,” Carlos said.
Based on consolidated data from TMA and the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), the industry sold 6,783 Category III trucks, 3,690 Category IV trucks and buses, and 888 Category V heavy-duty trucks in 2025.
The 2025 performance showed steady demand from the logistics, construction, manufacturing and public service sectors. Compared with 2024, overall sales levels were largely maintained, signaling a stable market as the industry adjusted to normalized demand.
TMA also announced its 2026 leadership lineup. Vicente Mills Jr. of Hino Motors Philippines Corp. continues as chairman emeritus, and Carlos, of Isuzu Philippines Corp., serves as president.
TMA said it will continue supporting local body application manufacturing and domestic parts suppliers to strengthen the automotive value chain and support small and medium enterprises.
“This year, TMA will take a more active role in government programs and initiatives, particularly those focused on road safety, environmental protection and strengthening local truck manufacturing,” Carlos said.
