CAMPI Raises Sales Forecast In Line With BMI Projection

BMI's forecast for 11% growth in vehicle sales in the Philippines has been matched by the Chamber of Automotive Manufacturers of the Philippines (CAMPI), which has raised its forecast from 4% to 11% on the back of May's sales. BMI reported the potential for double-digit growth in Q110 after the market was proving to be a regional outperformer in sustaining the momentum from the latter months of 2009.

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