April 15, 2024

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Philippine sales to fall 20-40% in 2020 | Automotive Industry News

The Philippine motor vehicle sector, like domestic sales and imports, is anticipated to decrease by close to twenty% to close to 330,000 units in 2020 from close to 416,000 in 2019, according to the hottest forecast introduced by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI).