BusinessWorld E-paper
May 16, 2023
NEW VEHICLE SALES rose by an annual 21.8% in April, but a month-on-month decline in sales may reflect slowing consumer demand.
A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed that total sales jumped to 30,643 in April from 25,149 in the same month a year ago.