The Philippine Automotive Industry continues to improve with another record for August sales. In a report issued by the Chamber of Automotive Manufacturers of the Philippines, Inc. (“CAMPI”) and Truck Manufacturers Association (“TMA”), August achieved 32,472 units with 40% increase from 23,181 units in the same month in 2015. Both Passenger Car (“PC”) and Commercial […]
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August Auto Sales Decline by 6%
The Philippine automotive industry declines 6% for August on month-on-month comparison mainly due to seasonality. According to the report issued by the joint Marketing Committee of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA), last month sales reached 23,181 units only versus 24,569 units for July. Though […]