Philippines: Automotive market contracts 5.4% in August

New vehicle sales in the Philippines fell 5.4% year-on-year in August, dropping from 12,217 units in 2010 to 11,558 vehicles last month. The country's automotive industry managed to sell just eight vehicles more than it had managed in July 2011. According to figures released by the Chamber of Automotive Manufacturers of It’s time to log … Continued

• By Webmaster
• September 9, 2011