The automotive sector’s sales in October rebounded by 5.2 percent, posting more than 40,000 sales, up from September 2025’s 38,000.

In a joint statement by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA), announced that the auto sector made a steady performance in October, recording a total vehicle sale of 40,014 units, almost matching October 2024 levels.

Commercial vehicles led the market with nearly 80 percent share and a 7.9 percent year-to-date (YTD) increase, while passenger cars declined 23.2 percent YTD but showed slight monthly recovery.

On the other hand, electric vehicle sales surged, with 24,265 units sold YTD, or 9 percent of October’s market, driven by strong hybrid sales.

“Market leadership remains strong, with Toyota Motor Philippines Corporation commanding a (48.30 percent) share, followed by Mitsubishi Motors Philippines Corporation at (18.97 percent). Ford Group Philippines (4.86 percent), Suzuki Philippines Inc. (4.77 percent), and Nissan Philippines Inc. (4.73 percent) round out the top five, reflecting a healthy and competitive landscape,” the statement said.

The resurgence of car sales in October is due to the improved weather conditions that led to more business, banking and working days to transact overseas Filipino workers’ remittances and other business transactions, compared to July and August, according to Rizal Commercial Banking Corporation chief economist Michael Ricafort.

On the other hand, the year-on-year decline in vehicle sales could partly reflect higher base or denominator effects a year ago amid weather-related disruptions amid the series of typhoons and flooding in the recent weeks and months, as well as the series of earthquakes in some parts of the country, all of which reduced the number of working and business days that fundamentally reduced sales of vehicles and other products.