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BusinessWorld E-paper

February 22, 2024

NEW VEHICLE SALES jumped by an annual 15.5% in January amid the launch of new models and the expansion of electric vehicles (EVs) in the Philippines, an industry report showed.

A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed vehicle sales increased to 34,060 units in January from 29,499 units in the same month a year ago.

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