Overview
- AFAC reports a 3.9% annual fall in autoparts activity for 2025, while the tire index sank 31.9%, the sharpest decline across the sector.
- Vehicle output totaled 490,876 units in 2025, down 3.1% year over year, after a 30.3% plunge in December and a further drop of about 30% in January 2026.
- Imported tires reached 7.8 million units in 2025 on a market just over 10 million, lifting import penetration to roughly 40%.
- Import values rose to about US$663 million in 2025 from US$462 million in 2024, with shipments from China up more than 80% by volume and 45% in value.
- FATE’s San Fernando plant closed with more than 900 layoffs, leaving Bridgestone and Pirelli as the remaining tire makers and intensifying industry demands for stricter origin rules and tougher tariff treatment of Chinese goods.