Tag: #Auto Sales
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PH lags in ASEAN auto production, sales
Major motor vehicle producers and markets in ASEAN started 2021 with 13.8 percent reduction in production and 17.5 percent decline in sales in the first month of the year compared to January 2020 with the Philippines lagging behind its peers, data showed.
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Auto sales grow 8.9% in Q1 despite steep decline in March
Despite a steep 21.1 percent drop in sales in March, motor vehicle sales ended the first quarter this year with an encouraging 8.9 percent growth versus same quarter last year, the joint Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI)-Truck Manufacturers Association (TMA) reported.