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May 2026 auto sales reflect improved vehicle demand

The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) for the month of May reported a combined sales of 33,532 units, representing a 24% improvement versus the previous month. Together with industry estimates, the May total auto market results ended at around 35,200 units, reflecting 6.9% increase from the previous month. 

Historically, May serves as a rebound month after a lean April market. CAMPI President Jose Maria Atienza stated that focus on energy efficiency remains as a major factor in the customers’ purchasing decision. 

“We continue to observe expanding demand for various types of Electrified Vehicles (xEVs), with cumulative Jan – May sales already doubling vs. last year. xEVs now account for 18% of the total market, up by 9 points from the previous year. The accelerating growth trend is only held back by availability constraints resulting from the sudden surge in demand,” said Atienza. 

“Meanwhile, the more stable fuel prices also helped pull up demand for conventional Internal Combustion Engine vehicles, with May ICE sales growing by 32% versus the previous month. Our overall market outlook has improved with actual vehicle sales performing better than previously expected despite the fuel crisis,” he added. 

Among CAMPI-TMA members, Toyota Motor Philippines Corp. (TMPC) leads May 2026 in terms of sales volume at 17,076 units sold. Mitsubishi Motors Philippines Corp. (MMPC) follows at 5,415. Rounding up the top 5 are Suzuki Philippines Inc. (SPI) with 1,441 units, Ford Motor Company, Phils. Ins. (FMCPI) with 1,260 units , and Isuzu Philippines Corp (IPC) with 930 units. 

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