Auto sales increase at 0.6% despite Typhoon Carina

August 1, 2024

A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc.
(CAMPI) and the Truck Manufacturers Association (TMA) showed the industry ending
July 2024 with vehicle sales of 265,610 units, a 10.9% increase from 239,501 units during
the same period in 2023.


Sales also increased month-on-month at 0.6%. According to CAMPI President Rommel
Gutierrez, “New product launches, improved product offerings, good sales momentum,
as well as supply availability helped neutralize the impact of Typhoon Carina, especially
towards the latter part of July.”


Commercial vehicles (CVs) still drive the industry performance at 194,812 units
accounting for 73% of total sales. Meanwhile, passenger cars registered sales of 70,798
units equivalent to 27% share of total sales.


Toyota Motor Philippines Corporation remains the dominant market player with 46.21%
share, followed by Mitsubishi Motors Philippines Corporation with 19.05%, Ford Group
Philippines at 6.33%, Nissan Philippines, Inc. with 5.96%, and Suzuki Philippines, Inc.
with 4.33% share.

More News

Celebrating 30 Years of CAMPI: Pioneering the Evolution of Transportation in the Philippines

The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), the country’s foremost automotive industry organization, commemorated its 30th founding anniversary with a gala event at the Grand Hyatt Manila...

Auto sales increase at 1.2% MOM

A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed the industry ending October 2024 with vehicle sales of...

Auto sales increase at 1.0% MOM

A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed the industry ending September 2024 with vehicle sales of...

Countdown to the 9th Philippine International Motor Show Begins

The Chamber of Automotive Manufacturers of the Philippines holds a press conference in anticipation of the 9th PIMS

Economic Impact

Php 120 Billion Total Invesment
500,000 Jobs For The Filipino
Php 30 Billion In Taxes Paid Annually
Mobirise Website Builder
15 Assembly Facilities

Our Members

BMW
CAC
Changan
Chery
Daewoo
Ferrari
Ford
Foton
Honda
Hyundai
Isuzu
Kia
Mazda
Mercedes-Benz
MG
Mitsubishi
Nissan
Peugeot
Suzuki
Toyota
Volkswagen