Vehicle Sales Rose By 31% In H1

Vehicle sales in the country accelerated by 30.7% in the first half of the year, showing improved consumer spending.

Photo Insert: The bulk of the total sales was accounted for by commercial vehicles (CV), with 151,567 units sold in the first semester, 30.8 percent higher than the 115,871 units sold in the previous year.

A joint report from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) yesterday showed total vehicle sales reached 202,415 units from January to June, higher than the 154,874 units in the same period last year.

The bulk of the total sales was accounted for by commercial vehicles (CV), with 151,567 units sold in the first semester, 30.8 percent higher than the 115,871 units sold in the previous year.

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