Philippines Full Year 2020: Sales down -40.3%, Toyota improves share, Geely up

Geely is up to #12 for its first full year in market.

Discover 25 years of Philippines Historical Data here.

22/02 update: Now with Top 80 models ranking.

New auto sales in the Philippines skid down -40.3% to 248.171 units in 2020, including 79.037 passenger vehicles (31.85% share) and 169.134 commercial vehicles (68.15% share). The country was shut down for two months amid the Covid-19 pandemic. Toyota (-38.3%) manages to hold slightly better than the market, meaning it crosses the symbolic 40% share milestone at 40.1%. The next three best-selling carmakers aren’t that lucky, with Mitsubishi (-41.7%), Nissan (-49.1%) and Hyundai (-50.7%) all losing share. Mitsubishi endures a third consecutive year of decline to fall to 15.1% share. Suzuki (-35.1%) and Ford (-32.5%) fare better, while towards the end of the Top 10 Isuzu (-19.5%) and MG (-32.5%) also so, MG lodging a second annual Top 10 finish for its second full year in the Filipino market. Launched in late 2019, Geely (+842.4%) ends its first full year in market at #12 with just under 1% share. Other gainers hold 0.1% share or less: Chana (+235.7%), Mahindra (+82.6%), GAC (+9%) and Jaguar/Land Rover (+3.6%).

Model-wise, Toyota monopolises the Top 4 once again with the Vios (-23.8%) remaining the dominant force in the market and improving its share by two percentage points to 10.2%. It is followed like last year by the Toyota Hilux (-34.6%) while the Wigo (-34.8%) leaps 5 spots to #3 and the Innova (-49.3%) is down one to #4. The Mitsubishi Xpander (-45.3%) remains the best-selling non-Toyota vehicle in the Philippines, distancing the Ford Ranger (-33.8%), Nissan Navara (-51.9%) and Mitsubishi Mirage G4 (-51.6%). 

Previous post: Philippines August 2020: Market still reeling -39.5%, Toyota, Mitsubishi and Nissan lead

Previous year: Philippines 2019: Toyota up 39.3% share, MG lands in Top 10 in market up 2%

Two years ago: Philippines 2018: Toyota leads, Nissan up 39.8% in first market decline since 2004

Full Year 2020 Top 37 All-brands and Top 80 models vs. Full Year 2019 figures below.