BusinessWorld E-paper
May 25, 2026
PHILIPPINE CAR SALES declined by 19% in April as rising oil prices linked to the Middle East war continue to dampen consumer demand for gas-powered vehicles, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).
Electric vehicle (EV) sales emerged as a bright spot, nearly quadrupling in April amid growing demand for energy-efficient alternatives.
