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Motor vehicle industry seen hitting sales target

AUTOMAKERS are on track to meet this year's sales target, the head of an industry group said, having already hit 70 percent as of end-September.

'We're on track ... it seems like it's possible,' Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) President Rommel Gutierrez told reporters, referring to the goal of selling 468,300 units for 2024 and the aspirational target of 500,000.