Companies / Philippines
Industry Fate Rests With Commercial Segment
November 2006 | Industry ForecastAuto industry representatives had forecast 8% growth for 2005. Based on the unexpected rally of the SUV and light commercial vehicle segment throughout the year, BMI was inclined to adjust its sales forecast for 2005 upwards to 8% in line with the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association.
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