THE local automotive industry posted record sales last year, automakers claimed, overcoming a second-half slowdown blamed on higher taxes and the impact of natural disasters. The Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and the Truck Manufacturers Association (TMA) said that based on their sales figures and other available industry data, total vehicle sales hit 491,395 units, up 3.7 percent from the previous peak of 473,842 in 2024. Of this, 463,646 units sold came from Campi and TMA members, lower than the 2024 result of 467,252. Campi had targeted sales of 500,000 units for 2025. “The industry delivered a modest growth last year due to the overall unfavorable market environment during the second half caused by a number of factors such as the reimposition of excise tax on pick-up trucks and several natural calamities experienced across the country,” Campi said in a statement. Campi President Jose Maria Atienza said the overall gain was due to aggressive promotions and new vehicle launches that had expanded customer options in the electric vehicle and commercial vehicle segments. https://www.manilatimes.net/2026/01/26/business/top-business/auto-industry-overcomes-2nd-half-sales-slowdown/2264843 (ICE SINGAPORE)

Fonte notizia: The Manila Times, 26 January 2026