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PH auto sales down 24.6% in April amid oil price worries

Automotive sales in the Philippines saw a double-digit drop in April due to seasonality factors and the impact of the Middle East conflict on global oil prices, a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed.

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gmanetwork.comStai leggendo3 mesi fa

PH auto sales down 24.6% in April amid oil price worries

Philippine auto sales fell 24.6% in April to 27,225 units (-18.9% YoY), pressured by Middle East oil price uncertainty and seasonal factors. xEVs reached 21.5% market share, confirming that oil price volatility is a structural EV adoption accelerator even in price-sensitive emerging markets.

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business.inquirer.net3 mesi fa

PH car sales drop 19% in April as Mideast crisis tempers demand

(INQUIRER file photo / Richard A. Reyes) MANILA, Philippines - Vehicle sales in the Philippines continued to weaken in April, with the industry pinning the blame on the Middle East crisis for

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domenica 24 maggio 2026·business.inquirer.net
PH car sales drop 19% in April as Mideast crisis tempers demand
(INQUIRER file photo / Richard A. Reyes) MANILA, Philippines - Vehicle sales in the Philippines continued to weaken in April, with the industry pinning the blame on the…
lunedì 25 maggio 2026·gmanetwork.com
PH auto sales down 24.6% in April amid oil price worries
Automotive sales in the Philippines saw a double-digit drop in April due to seasonality factors and the impact of the Middle East conflict on global oil prices, a joint report by…