Autos Aftershocks From Japanese Disaster

The Chamber of Automotive Manufacturers of The Philippines (CAMPI) has revealed that the sales of its members fell by 11% year-on-year (y-o-y) and 7.6% month-on-month in May, as parts shortages following the earthquake and tsunami in northern Japan continued to disrupt the production operations of the market's large Japanese contingent. Following a decline of 4.5% y-o-y in April, this leaves total vehicle sales for CAMPI members up by just 1.5% for the first five months of the

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