Business > Corporate News
Car sales up by 43% in March

CAR sales grew by double digits in March, the highest recorded since the onset of the pandemic, the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and Truck Manufacturers Association (TMA) said on Monday.

In a joint statement, Campi and TMA said auto sales during the month reached 29,685 units, up by 43.4 percent compared to the 20,702 units a year ago and up by 22.1 percent from 24,304 units in February.

MORE CARS SOLD Photo of Toyota Motors Philippines branch in Makati City. According to the Chamber of Automotive Manufacturers of the Philippines Inc. and Truck Manufacturers Association, car sales recorded 43.4 percent, the highest since the start of the pandemic. PHOTO BY AARON RONQUILLO