EV demand climbs, but overall car sales dips in PH in Q1 2026

MANILA, Philippines — Rising sales of electric vehicles (EVs) were not enough to offset an overall decline in the country’s automotive market in the first quarter, as higher fuel costs weighed on consumer demand. Industry data showed that total vehicle sales reached 105,642 units from January to March 2026, down 9.8 percent from 117,074 units

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