5 months Auto sales sustain uptrend in July; Suzuki climbs to 4th place MB |Biz
By Bernie Cahiles-Magkilat Motor vehicle sales continued inching up with 205,945 units sold as of July or a modest 3.16 percent increase against 199,628 units sold in the same period last year boosting confidence that the domestic motor vehicle industry would be able to exceed last year’s sales by the end of this year. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed encouraging growth indicators. Notably, the report showed Suzuki Philippines, Inc. now placing fourth largest from fifth place last month in terms of sales with ... more