Too many factors to consider before concluding.

1. Not many spend alot after the 13th month pay. Filipinos tend to spend on family.

2. Not too many takers of stupid low dp.

3. The Fortuner had issue with inventory. The Indonesian assembly factory was late.

4.Everests/Muxs/Ertigas/Celerios are selling very well. Honda/Ford/Suzuki is capturing a bigger share of the market. Their pricing is very competitive relative to the 2 big players.

5. Toyota price increase on their newer/updated models turned off alot of buyers for sure.

6. Diesel powered vehicles will always sell well. Everyday we see the diesel prices at gasoline stations. Its a huge factor for most buyer.

Honestly I believe their sales figures. Why the heck would they make up numbers?