Philippines - Automotive Sales volume, 2022



Flash report, Automotive sales volume, 2022

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, July 2022

Aug 17, 2022

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

CAMPI and TMA see 18.4% vehicle sales growth in Philippines in first 7 months of 2022 with 182,687 units
Reported on August 16, 2022, a joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) released on August 15 showed combined sales of 27,813 units recorded in the month of July 2022, an increase of 29.4% compared to the same month in 2021. This double-digit growth is driven by higher demand for new motor vehicles amid improving consumer outlook in the Philippines, said CAMPI president, who also cited the improvement in the availability of jobs and employment, business recovery, and containment of the pandemic, which have greatly supported the overall economic recovery as well. In the month of July 2022, sales of commercial vehicle went up 49.1% YoY to 21,467 units, while passenger car sales dropped 10.6% to 6,346 units.
In the first 7 months of 2022, CAMPI-TMA sales reached 182,687 units, rose 18.4% YoY, of which sales of commercial vehicle improved 31.1% YoY to 137,338 units, while passenger car sales decreased 8.4% to 45,349 units. YTD sales continued be dominated by Toyota Motor, holding 51.47% share, followed by Mitsubishi Motors, Nissan, Suzuki, and Ford, acquiring 14.1% share, 7.06% share, 6.25% share, and 5.89% share, respectively.

Philippines - Sales of new vehicles
Type Jul.
2022
Jul.
2021
Y-o-Y Jan. -Jul.
2022
Jan. -Jul.
2021
Y-o-Y
Passenger Cars 6,346 7,102 -10.6% 45,349 49,508 -8.4%
Commercial Vehicles 21,467 14,396 49.1% 137,338 104,757 31.1%
Total 27,813 21,498 29.4% 182,687 154,265 18.4%
Source: Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)



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Flash report, June 2022

Jul 20, 2022

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


CAMPI-TMA’s vehicle sales in Philippines up 16.7% YoY in H1/2022 with 154,874 units
Reported on July 19, 2022, a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed that sales of local car and truck makers in June 2022 increased 26.8% year-over-year (YoY) to 28,601 units.
CAMPI-TMA’s passenger car (PC) sales saw 1.0% increase YoY to 7,457 units in June 2022, while commercial vehicle (CV) sales up 39.4% YoY to 21,144 units.
In the first 6 months of 2022, CAMPI-TMA’s total sales rose 16.7% to 154,874 units, of which PC sales, went down 8% to 39,003 units and CV’s sales increased by 28.2% to 115,871 units. Toyota remained no.1 auto brand in the local market by holding 52% share, followed by Mitsubishi Motors, Nissan, Suzuki, and Ford, with respective shares of 13.4%, 7.2%, 6.4%, and 5.8%.

Philippines - Sales of new vehicles
Type Jun.
2022
Jun.
2021
Y-o-Y Jan. -Jun.
2022
Jan. -Jun.
2021
Y-o-Y
Passenger Cars 7,457 7,382 1.0% 39,003 42,406 -8.0%
Commercial Vehicles 21,144 15,168 39.4% 115,871 90,361 28.2%
Total 28,601 22,550 26.8% 154,874 132,767 16.7%
Source: Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)



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Flash report, May 2022

Jun 16, 2022

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

CAMPI-TMA’s vehicle sales in Philippines up 19.5% YoY in May 2022 with 26,370 units
Reported on June 16, 2022, a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed that sales of local car and truck makers in May 2022 rose 19.5% from the same month in 2021, jumping from 22,062 units to 26,370 units (up 4.9% MoM), amid improving economic conditions from the ripple effects of the pandemic.
CAMPI-TMA’s passenger car (PC) sales dropped 8.4% YoY to 6,964 units in May 2022, while commercial vehicle (CV) sales up 34.2% YoY to 19,406 units.
In the first 5 months of 2022, CAMPI-TMA’s total sales grew 14.6% to 126,273 units, of which PC sales, went down 9.9% to 31,546 units and CV’s sales increased by 26% to 94,727 units. Toyota retained its top position in the market with a 52% share, followed by Mitsubishi Motors, Nissan, Suzuki, and Ford with a 12.8% share, a 7.6% share, a 6.5% share, and a 5.5% share, respectively.
The industry is optimistic for a sustained economic growth anchored on domestic demand amid the continued containment of the pandemic, said CAMPI president.


Philippines - Sales of new vehicles
Type May
2022
May
2021
Y-o-Y Jan. -May
2022
Jan. -May
2021
Y-o-Y
Passenger Cars 6,964 7,599 -8.4% 31,546 35,024 -9.9%
Commercial Vehicles 19,406 14,463 34.2% 94,727 75,193 26.0%
Total 26,370 22,062 19.5% 126,273 110,217 14.6%
Source: Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)



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Flash report, April 2022

May 13, 2022

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

CAMPI-TMA’s vehicle sales in Philippines grow 41% YoY in April 2022 with 25,149 units
Reported on May 14, 2022, a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed that sales of local car and truck makers in April 2022 grew 41% YoY to reach 25,149 units (down 15.3% MoM). This growth presents the continued containment of the pandemic, underpinned by the improved consumer demand for big-ticket items compared with 2021, said CAMPI president. In April 2022, passenger car sales reached 6,259 units, rose by 12.4% YoY, while commercial vehicle (CV) sales reached 18,890 units, jumped by 53.9% YoY.
In the first 4 months of 2022, CAMPI-TMA’s total sales surged 13.3% YoY to 99,903 units, of which PC sales declined by 10.4% to 24,582 units and CV sales up 24% to 75,321 units. Toyota Motor maintained its market leadership as of end-April with a 50.99% share, followed by Mitsubishi Motors with a 13.28% share, and Nissan with a 7.59% share. Suzuki placed fourth with a 6.3% share, while Ford Motor took the fifth place with a 6.03% share.
CAMPI president added that overall improvement in employment and domestic demand will play a critical role in the economy and the industry’s recovery.


Philippines - Sales of new vehicles
Type Apr.
2022
Apr.
2021
Y-o-Y Jan. -Apr.
2022
Jan. -Apr.
2021
Y-o-Y
Passenger Cars 6,259 5,570 12.4% 24,582 27,425 -10.4%
Commercial Vehicles 18,890 12,273 53.9% 75,321 60,730 24.0%
Total 25,149 17,843 40.9% 99,903 88,155 13.3%
Source: Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)



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Flash report, March 2022

Apr 21, 2022

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


CAMPI-TMA’s vehicle sales in Philippines climb 43% YoY in March 2022 with 29,685 units
Reported on April 19, 2022, vehicle assemblers in Philippines recorded their highest monthly sales since the pandemic, growing by 43% YoY in March 2022 with sales of 29,685 vehicles (up 22% MoM), as Metro Manila and 38 other areas moved to Alert Level 1 at the beginning of March, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA). CAMPI-TMA’s passenger car (PC) sales in March dropped slightly to 6,625 units, while commercial vehicle (CV) sales increased 64.2% YoY to 23,060 units.
In Q1/2022, combined CAMPI and TMA sales rose by 6.3% YoY to 74,754 units, of which PC sales declined 16.2% to 18,323 units, while CV’s sales surged 16.5% to 56,431 units.
Toyota remained the market leader in Q1 with a 49.8% share, followed by Mitsubishi Motors, Nissan, Ford, and Suzuki, holding 13.8% share, 7.9% share, 6.2% share, and 6.1% share, respectively
The local auto industry remains cautiously optimistic about full recovery in 2022, CAMPI president added.

Philippines - Sales of new vehicles
Type Mar.
2022
Mar.
2021
Y-o-Y Jan. -Mar.
2022
Jan. -Mar.
2021
Y-o-Y
Passenger Cars 6,625 6,661 -0.5% 18,323 21,855 -16.2%
Commercial Vehicles 23,060 14,041 64.2% 56,431 48,457 16.5%
Total 29,685 20,702 43.4% 74,754 70,312 6.3%
Source: Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)



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Flash report, February 2022

Mar 11, 2022

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

CAMPI-TMA’s vehicle sales in Philippines decrease 7.34% YoY in February 2022 with 24,304 units
Announced on March 10, 2022, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA), total vehicle sales in February 2022 reached 24,304 units, down 7.34% from the 26,230 units recorded in February 2021 but grew 17% MoM.
Sales in the passenger car (PC) segment dropped 25% YoY to 5,914 units, while commercial vehicle (CV) sales slightly increased to 18,390 units from 18,331 units seen in February 2021. CAMPI president said the MoM growth in sales in February was seen amid improved consumer confidence as the Philippines shifted to low-risk classification for COVID-19.
In the first 2 months of 2022, CAMPI-TMA’s total vehicle sales dropped by 9.2% YoY to 45,069 units, of which PC sales declined 23% to 11,698 units and CV sales dropped 3% to 33,371 units. As of end-February, Toyota Motor continued to hold the biggest share in vehicle sales at 49%, followed by Mitsubishi Motors, Nissan, Suzuki, and Ford, which held 14.33% share, 7.85% share, 6.43% share, and 6% share, respectively.
With the further reopening of the economy, the industry is anticipating a continued recovery in March. Local auto industry retains its sales target to jump 17% to 336,000 units in 2022.

Philippines - Sales of new vehicles
Type Feb.
2022
Feb.
2021
Y-o-Y Jan. -Feb.
2022
Jan. -Feb.
2021
Y-o-Y
Passenger Cars 5,914 7,899 -25.1% 11,698 15,194 -23.0%
Commercial Vehicles 18,390 18,331 0.3% 33,371 34,416 -3.0%
Total 24,304 26,230 -7.3% 45,069 49,610 -9.2%
Source: Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)



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Flash report, January 2022

Feb 14, 2022

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.


Philippines' CAMPI-TMA vehicle sales in January 2022 shrink 11% YoY with 20,765 units
Reported on February 12, 2022, sales of locally made cars and trucks in the Philippines fell 11% YoY and 25.4% MoM in January 2022 to reach  20,765 units, according to a joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA), amid increasing COVID-19 cases, which led to the imposition of tighter restrictions particularly in NCR (National Capital Region) and nearby provinces.
Passenger car (PC) sales dropped 20.7% YoY to 5,784 units in January, while commercial vehicle (CV) sales declined 6.9% to 14,981 units.
Historically, the first month of the year is sluggish, coming from the higher growth sales performance recorded every holiday season, CAMPI president added. Vehicle sales of CAMPI-TMA members are expected to rise 20%-30% in 2022.
In January 2022, Toyota continue holding the biggest share in vehicle sales, accounting for 47.57%, followed by Mitsubishi Motors, Nissan, Suzuki, and Ford, holding 14.23%, 8.58%, 6.89%, 5.84% shares, respectively.

Philippines - Sales of new vehicles
Type Jan.
2022
Jan.
2021
Y-o-Y
Passenger Cars 5,784 7,295 -20.7%
Commercial Vehicles 14,981 16,085 -6.9%
Total 20,765 23,380 -11.2%
Source: Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA)


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