Philippine car gross sales have been flat 12 months on 12 months in October amid a decline in call for for passenger automobiles, an business document confirmed.
A joint document by way of the Chamber of Car Producers of the Philippines, Inc. (CAMPI) and the Truck Producers Affiliation (TMA) confirmed new car gross sales higher by way of 0.03% or 11 gadgets to 40,014 in October from 40,003 gadgets in the similar month a 12 months in the past.
Month on month, car gross sales went up by way of 5.2% from 38,029 gadgets offered in September.
In October, passenger automobile gross sales slumped by way of 18.8% to eight,155 from 10,044 gadgets offered in the similar month in 2024.
Month on month, gross sales went up by way of 2.6% from 7,948 gadgets offered in September.
In the meantime, gross sales of business cars, which accounted for 79.62% of October gross sales, jumped by way of 6.3% to 31,859 from 29,959 gadgets a 12 months in the past.
Month on month, industrial car gross sales higher by way of 5.9% from 30,081 gadgets in September.
The gross sales in October introduced the full new car gross sales within the first ten months to 383,424, 0.2% less than the 384,310 gadgets offered in the similar length a 12 months in the past. — Justine Irish D. Tabile
