Thursday 15 November 2018
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inquirer - 4 month ago

Vehicle sales seen rising by 12%

The volume of vehicles sold in the Philippines is primed for a 12-percent growth this year to reach about 577,000 units amid a government drive to upgrade jeepneys and increase in domestic production, according to Frost Sullivan. The US-based consultancy firm said the projected Philippine economic growth of up to 7 percent yearly over the next five years would drive sales of new passenger cars. Paulo Jose Mutuc, senior consultant on mobility at Frost Sullivan, said in a statement the manufacturing ind

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