Eastern Petroleum unit to sell 500 light vehicles

GAZELLE Motors Corp., a subsidiary of Eastern Petroleum Corp., is targeting to sell about 500 units of Russia-designed light commercial vehicles in the Philippines, its top official said.

“This year, [we intend to sell] 500 units. [These are] Euro 4 [vehicles],” Gazelle Motors Chairman and Chief Executive Officer Fernando Martinez told The Manila Times in a recent interview.