Over 35,000 vehicles sold in PH in January — CAMPI

Over 35,000 vehicles were added to Philippine roads in January, posting month-on-month and year-on-year declines, but still on track to meet the 500,000 sales target for 2026, the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) reported Wednesday.

Data from CAMPI and the Truck Manufacturers Association (TMA) show that there were 35,053 units sold during the month, with the two groups accounting for 33,696 units.

The latest sales of CAMPI and TMA reflect a 21.4% decline from the 42,870 units in December, and a 10.2% drop from 37,504 units in January 2025.

“(S)o far, January 2026 sales level indicates that the industry is still on pace to meet its yearend goal of surpassing 500,000 sales,” CAMPI said in an emailed statement.

“When market seasonality adjustment is factored in, January sales level aligns with the steady pace observed during the second half of the year,” it added.

Commercial vehicles accounted for bulk or 81.67% of the sales in January, while passenger cars made up the remaining 6,178 or 18.33%.

By vehicle type, light commercial vehicles led sales with 20,392 units, followed by Asian utility vehicles with 6,253 units.

There were 605 units of light-duty, 226 medium-duty, and 42 heavy-duty trucks and buses sold during the month.

Electric vehicle sales for the month totaled 2,610 units, with hybrid electric vehicles accounting for 2,072 units or 79.39%, plug-in hybrid electric with 277 units or 10.61%, and battery electric with 261 units or 10.00%.

Toyota maintained market leadership with a 48.51% share, followed by Mitsubishi with 20.78%, Suzuki with 4.88%, Nissan with 4.72%, and Ford at 3.77%.—MCG, GMA Integrated News