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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.

Raccontata dabusiness.inquirer.netgmanetwork.com

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2 prospettive sulla stessa storia
AI · summaries
gmanetwork.comStai leggendo4 h 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.

originale
business.inquirer.net1 g 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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Timeline cronologica

  1. 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…

  2. 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…

originale