Record Vehicle Sales Keep Market On Course For BMI Forecasts

Despite the uncertainty surrounding its industry policy, the Philippines autos sector achieved record sales of 15,972 units in July, keeping the market on track to achieve BMI's forecast of 11% growth in 2010. Total vehicle sales were up 5.2% from June and 37.7% higher than July 2009, taking total sales for the first seven months of the year up 37.2% to 98,119

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