The Philippine automotive market showed strong monthly growth in October 2025, with vehicle sales climbing 4.96 percent compared to September levels, according to latest industry data.
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) reported on Monday, November 17, 2025, that total vehicles sold reached 40,014 units in October, up from 38,029 units the previous month and slightly higher than the 40,003 units recorded in October 2024.
Segment Performance Highlights
Asian utility vehicles (AUVs) and multi-purpose vehicles (MPVs) led the growth, capturing the highest market share at 17.2 percent. Sales in this category reached 8,309 units in October, increasing from 7,943 units in September and significantly up from 7,090 units during the same period last year.
Other segments showing positive monthly performance included:
- Heavy-duty trucks and buses: 10 percent growth
- Commerce vehicles: 6.7 percent increase
- Light-duty trucks: 6.4 percent rise
- Light commercial vehicles: 3 percent improvement
However, not all categories shared in the positive trend. Passenger car sales declined by 18.8 percent on an annual basis, while medium-duty trucks fell by 6.4 percent.
Electric Vehicle Revolution Accelerates
The most remarkable growth story emerged from the electric vehicle sector, which saw a dramatic 62.1 percent monthly surge. EV sales jumped to 3,603 units in October from 2,223 units in September, though year-ago comparison figures weren't available.
Industry players attribute this explosive growth to continued government support through consumer education programs and environmental advocacy. The Department of Energy has set an ambitious target for EVs to comprise approximately 50 percent of all vehicles on Philippine roads by 2040, equivalent to around 2.5 million units.
Registration data confirms the accelerating adoption trend, with EV registrations reaching 29,715 units by end-July 2025, surpassing the 24,000 units registered during the previous year.
Government Policy Driving Change
The Electric Vehicle Industry Development Act (EVIDA Law) continues to provide significant incentives for both consumers and manufacturers. Key provisions include:
- Eight-year exemption from the Unified Vehicular Volume Reduction Program
- Tax breaks for EV purchasers
- Temporary zero-tariff arrangements for manufacturers
These measures aim to encourage investment in local EV production while making electric vehicles more accessible to Filipino consumers. Market participants remain optimistic about sustained growth, citing both environmental benefits and long-term cost savings for vehicle owners.
While the monthly performance showed strong improvement, the annual growth rate remained essentially flat, indicating that the automotive sector continues its recovery amid changing consumer preferences and economic conditions.
