CAMPI sees 5-8% drop in vehicle sales this year

THE CHAMBER of Automotive Manufacturers of the Philippines, Inc. (CAMPI) expects a smaller decline in vehicle sales this year than initially forecast, citing a month-on-month increase in car sales in May and recent fuel price rollbacks. “Three weeks ago, we said [total vehicle sales would be] around 8% to 10% lower than last year. We’ve […]