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Auto sales growth speeds up in Feb

MOTOR vehicle sales accelerated in February, automakers reported on Wednesday, raising industry hopes of a strong first quarter and possibly another record result this year.

A total of 38,072 units left showrooms last month, the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association said in a joint report, up 23.2 percent from the 30,905 units sold a year earlier.