The Philippine automotive industry recorded its second consecutive monthly sales decline in August due to weather disruptions, according to data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA).
Total sales dropped 7.6 percent year-on-year to 36,174 units and 5.5 percent month-on-month, with passenger car sales plunging over 20 percent and commercial vehicles down 3.5 percent.
Despite the slump, electrified vehicle sales grew to 2,244 units in August, led by hybrid electric vehicles.
From January to August, total sales slightly rose by 0.2 percent to 305,381 units, with strong demand for commercial vehicles offsetting the sharp drop in passenger car sales.
Economists expect sales to recover in the coming months, buoyed by improved weather, holiday demand, and lower interest rates.
Source: PhilNews24 | September 17, 2025
