The Daily Tribune
Philippine car sales fall 5.5% in August
Philippine auto sales declined by 5.5% in August, with 36,174 units sold compared to 38,295 units in July.
This represents a 7.6% decrease compared to the 39,155 units sold in August 2024.
Commercial vehicles constituted 79.02% of sales with 28,583 units, a 5.3% drop from the previous month.
Passenger cars accounted for the remaining 7,591 units.
Electric vehicle sales also slipped, dropping 17.1% to 2,244 units in August from 2,707 in July.
Year-to-date sales reached 305,381 units, a modest 0.2% growth compared to the same period in 2024.
Toyota Motor Philippines Corp. led the market with a 47.93% share, followed by Mitsubishi Motors Philippines Corp. at 18.96%, Nissan Philippines, Inc. at 4.96%, and Suzuki Philippines, Inc. at 4.75%.
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