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Car sales climb 5.5% in May
The Philippine Star
|June 12, 2024
Sales of motor vehicles in the country picked up by 5.5 percent in May from a year ago, supported by improved supply and demand.
A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) released yesterday showed that the industry sold 40,271 vehicles in May, up from the 38,177 units sold in the same month last year.
Compared with the 37,314 vehicles sold in April, vehicle sales in May increased by 7.9 percent.
This story is from the June 12, 2024 edition of The Philippine Star.
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