Philippines: January market contracts 24.9%

January 2012 saw the automotive industry in the Philippines decline sharply year-on-year. A total of 8,296 vehicles were sold in the country last month, down 24.9% compared with sales of 11,050 units reported in January 2011. Figures released by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) show that passenger Subscribe to Automotive World … Continued

• By Webmaster
• February 13, 2012