The rise in motor vehicle population can be seen through its automotive sales growing by 2.9% in February 2025, reaching 39,164 units as against 38,072 units in the same month of 2024. This was the report issued yesterday jointly by the Chamber of Automotive Manufacturers Association of the Philippines, Inc. (CAMPI), and the Truck Manufacturers Association (TMA).
Commercial Vehicles Lead Industry Growth
The commercial vehicle segment greatly supported the industry’s growth last month, registering sales of 31,010 units, which is a 9.1% growth from 28,434 units of the previous year.
In contrast, passenger cars recorded a decline of 15.8%, with sales dipping to 8,154 units from 9,683 units of February 2024.
Commercial vehicles thus accounted for 79% of total sales last month, while passenger cars accounted for 21% of total sales in February 2025.
Overall Performance of the Industry in the First Two Months of 2025
In the first two months of the year, local vehicle assemblers sold a total of 76,768 units, reflecting an increase of 6.4% over the 72,132 units sold from January to February 2024.
Passenger cars have been struggling despite the overall growth, “The poor monthly performance of the passenger car segment tamed the year-to-date sales of the industry,” the report said.
In terms of two-month sales, it was a contraction of 12.4% from 15,883 units in 2025 to 18,129 units in the previous year.
On the other hand, commercial vehicles held their market share with robust performance, recording a growth of 12.6%, from 54,048 units last year to 60,885 units this year.
Electric Vehicle Sales See Good Days
In tandem with increasing sales of conventional vehicles, electric vehicles now slowly are making their entrance into the market. During the first two months in 2025, 3,416 units were sold as electric vehicles. Of this number, hybrid EVs accounted for the lion’s share, at 3,034 units, followed by battery EVs, clocking 335 units, and plug-in hybrid EVs, with 47 units.
According to the joint statement, “The automotive sales trends in 2025 are influenced by several factors, including supply chain stability, growing demand for electric and autonomous vehicles, and global economic conditions.”
With the industry continuing to advance, experts are looking to more innovations and developments to maintain the automotive market’s current momentum in the Philippines.
