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flag The Philippines revived the CARS program in 2025, boosting auto sales to a record 491,395 units, driven by commercial and electric vehicles, despite falling passenger car demand.

flag The Philippine government restored funding for the CARS program in 2025, boosting investor confidence and supporting the automotive sector’s role in economic growth. flag Vehicle sales hit a record 491,395 units in 2025, up 3.7% year-on-year, driven by strong commercial vehicle demand and a 142.5% surge in electrified vehicles, though passenger car sales fell 23% due to high costs and shifting preferences. flag Toyota led the market with nearly half the share, while industry leaders anticipate growth to 500,000 units in 2026 if affordability improves and policies support demand.

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