A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. and Truck Manufacturers Association showed all categories posting huge increases pushing sales in August to reach 30,185 units or 90.5 percent higher than the 15,847 units sold in the same period last year.
“This year-on-year improvement of 90.5 percent in August brings us closer to achieving the industry sales target this year,” said Gutierrez. For the month of August, the CAMPI-TMA sales performance was hugely fueled by the commercial vehicle segment, which grew 114.1 percent with sales volume of 23,452 units or 77.69 percent higher than same month in 2021.
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