Automobile sales continued to contract at the start of the year, plunging 15 percent to 26,888 units from a year earlier following double-digit declines for both the passenger car and commercial vehicle segments.

The drop, however, narrowed from December’s nearly 30-percent contraction, which capped a full-year 16-percent sales decline for the Chamber of Automotive Manufacturers of the Philippines, Inc. (Campi) and the Truck Manufacturers Association (TMA).

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