MANILA — Conventional vehicle sales in the Philippines fell in January 2026, but the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) expressed confidence that the industry will see growth this year.

CAMPI President Jose Maria Atienza reported that total conventional vehicle sales last month reached 33,696 units, down from 37,504 in January 2025 and 42,870 in December 2025, based on figures from CAMPI, the Truck Manufacturers Association (TMA), and other sources.

Commercial vehicles accounted for the bulk of sales at 27,518 units, followed by light commercial vehicles at 20,392; passenger cars, 6,178; Asian utility vehicles, 6,253; light-duty trucks and buses, 605; medium-duty trucks and buses, 226; and heavy-duty trucks and buses, 42.

Electrified vehicle (EV) sales totaled 2,610 units, up from 1,600 in January 2025 but down from 4,358 in December 2025.

Atienza said the drop was expected after a record-breaking surge last month, the highest since 2017.

“January 2026 sales level indicates that the industry is still on pace to meet its yearend goal of surpassing 500,000 sales,” he said.

“When market seasonality adjustment is factored in, January sales level aligns with the steady pace observed during the second half of last yearlong,” he added.