2 weeks Auto industry sales up 37% in September MB |Biz
Motor vehicle sales in September went up 37 percent to 24,523 units from the 17,906 units sold in the previous month making the industry upbeat for a recovery until the end of this year, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA). “CAMPI remains optimistic that the automotive sector will recover until the end of the year amid the new normal environment as the industry posted double-digit growth of 37 percent in September,” said CAMPI president Atty. Rommel Gutierrez. Gutierrez noted that demand for new cars ... more