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Vehicle sales speed up in H1
The Philippine Star
|July 13, 2024
Sales of cars and trucks in the country picked up by 11.8 percent in the first semester from a year ago, driven by improved consumer demand.
A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed that the industry ended the first half of the year with vehicle sales of 226,279 units, up from 202,415 units during the same period in 2023.
Passenger car (PC) sales accelerated by 17.8 percent to 59,875 units from January to June compared to 50,848 units in the same period last year.
This story is from the July 13, 2024 edition of The Philippine Star.
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