Philippine car sales in 2014 would go up by 10 percent on year to 231,000 units due to expectations of brisk demand for vehicles among local consumers, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) said Tuesday. CAMPI President Rommel Gutierrez said car sales could go even higher next year if the Philippine government will be able to immediately release a blueprint that will detail additional incentives that local auto assemblers could get. The auto industry road map should have been released this month, but the government to decided to fine-tune the blueprint prior to its release. The CAMPI expected the road map to be released in March 2014. For the year of 2013, CAMPI expected the local auto industry to hit its target of selling 210,000 units despite the series of calamities that struck central Philippines. In 2012, the CAMPI said car sales reached 182,779 units.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor