Logistics demand to drive Philippine truck rebound in 2026
Philippine truck manufacturers are bracing for an acceleration in sales this year as the government-led push for fleet modernization and sustained infrastructure spending offset the flat performance last year.
The Truck Manufacturers Association Inc. (TMA) reported on Monday, Feb. 9, that the industry moved 6,783 units of Category III trucks, 3,690 units of Category IV trucks and buses, and 888 units of Category V heavy-duty trucks last year.
The figures, consolidated with data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), showed the market remained largely unchanged from 2024 levels. Industry leaders characterized the 2025 results as a period of stabilization as inventory conditions normalized following post-pandemic fluctuations.
Looking toward 2026, the association is forecasting a significant uptick in volume. The optimistic outlook hinges on a wave of logistics demand and the continued rollout of state-funded construction projects, which require heavy machinery and long-haul transport.
Underpinning this growth is a broader national effort to modernize aging fleets, a move aimed at improving both logistical efficiency and road safety across the archipelago.
“Having achieved our industry truck sales targets in 2025, we are confident about the positive outlook for 2026,” said Robert Carlos, the newly appointed TMA President representing Isuzu Philippines Corp.
He noted that member companies are positioning themselves to supply more efficient and innovative commercial vehicles to match the country's development trajectory.
The leadership transition at the association also signals a more aggressive stance on policy engagement. While Vicente Mills Jr. of Hino Motors Philippines Corp. remains Chairman Emeritus, Carlos indicated that the TMA intends to deepen its involvement in government initiatives regarding environmental protection and the enhancement of local manufacturing capabilities.
The association is also pivoting toward a "greener" portfolio, with members integrating advanced safety features and emissions-reducing technologies into new models.
Beyond sales, the TMA is emphasizing its role in the domestic supply chain by supporting local parts suppliers and body application manufacturers. This domestic focus is intended to strengthen the automotive value chain while providing a hedge against global supply disruptions and generating local employment.