Auto industry upbeat as Sept sales rise 9.5%

By Jenica Faye Garcia

Oct 23, 2023 12:40 am

NEW motor vehicle sales increased by 9.5 percent to 38,628 units last month from 36,714 a year earlier, the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA) said on Sunday.

In a statement, Campi President Rommel Gutierrez said the result was the 'highest monthly sales performance in September and we hope that positive consumer outlook will be sustained in Q4 (the fourth quarter).'

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