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Auto firms optimistic about record sales in '24

AUTOMOTIVE companies are optimistic of reaching their aggregate sales target of 468,300 units this year, with the potential to reach a record of 500,000 units.

Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) President Rommel Gutierrez said the positive outlook is driven by a 10.1-percent increase in vehicle sales in the first seven months of 2024.