Vehicle sales in the first quarter of 2025 rose 6.8 percent to 117,074 units from 109,600 units in the same period in 2024, the Chamber of Automotive Manufacturers of the Philippines. Inc. (Campi) and the Truck Manufacturers Association (TMA) said in a joint report.
The report released on Monday quoted Campi and TMA as saying commercial vehicle sales increased by 13.9 percent from January to March to 92,742 units, compared with 81,395 units in the corresponding period last year.
The increase more than made up for the 13.7 percent decline in passenger car sales, which stood at 24,332 units from 28,211 units in the same quarter of 2024, it said
The share of commercial vehicles to total sales during the quarter widened to 79.22 percent from 74.26 percent in 2024.
The report added that the share of electrified vehicles (xEV) in the first quarter was 5.73 percent, with sales of 5,311 units.
No comparative figures from the same quarter in 2024 were available, but March 2025 sales of 1,895 units represented an increase of 4.4 percent from 1,816 units sold in February 2025. The industry began tracking EV sales only in January 2025.
The report showed that hybrid electric vehicles accounted for 85.55 percent of sales, at 4,544 units, followed by battery electric vehicles, 692 units, and plug-in hybrids, 75 units.
The leading players are Toyota Motor Philippines Corp., which sold 55,513 units or a 47.50 percent share, followed by Mitsubishi Motors Philippines Corp., 23,382 units or a 20.01 percent share; Nissan Philippines Inc., 6,722 units or a 5.57 percent share; Suzuki Philippines Inc., 5,441 units or a 4.66 percent share; and Ford Group Philippines, 5,219 units or a 4.47 percent share.
