PPMA ‘concerned’ over lack of gov't support amid automakers’ optimistic sales projection for 2025

MANILA: The Philippine Parts Makers Association (PPMA) has raised concerns over limited support from the government as well as rising costs and import dependence despite the positive sales projection of local car brands. 

“We welcome the positive outlook in the automotive industry, but we must ask — what about the local parts makers? Many of our members are on the brink of closure due to an uneven playing field. If we don’t act now, we may see the death of Philippine auto parts manufacturing,” PPMA President Ferdi Raquelsantos said. 

“Our local industry has the capability and expertise to supply quality parts, but without the right policies, we are forced to rely on imports. The government and automotive companies must work hand in hand with local parts makers to ensure that this industry not only survives but thrives,” he added. 

According to PPMA, local suppliers are finding it difficult to compete with cheaper, imported components. The parts maker’s guild calls for stronger policies that favor domestic manufacturers such as increased local content requirements, tax incentives, and access to technological advancements.

”PPMA continues to push for greater collaboration between stakeholders, including automakers, policymakers, and investors, to build a more sustainable and competitive local supply chain. With the anticipated surge in vehicle demand, PPMA urges industry leaders to prioritize Filipino manufacturers and recognize their role in the country’s economic growth,” PPMA said in a press release. 

Positive sales outlook 

To recall, Chamber of Automotive Manufacturers of the Philippines, Incorporated and the Truck Manufacturers Association saw an 8.7-percent growth in sales last year. 

Broken down, here’s how many vehicles were sold in 2024, based on CAMPI-TMA data: 

Passenger cars	120,770
Commercial vehicles	346,482

 

Further, the association of car and truck manufacturers feel optimistic about surpassing its 2024 record. The said projection is reinforced by Toyota Motor Philippines Chairman Alfred Ty, who said that the company believes that the local auto industry could sell more than half a million units this year. 

Also read: 

CAMPI-TMA Jan. sales breach 37K mark, targets 500K-unit industry sales for 2025

2024 CAMPI-TMA vehicles sales breach 467k-unit mark

PH auto industry likely to breach 470K-unit sales target for 2024