Vehicle Sales Up in July 2016

Vehicle sales in the January to July period surged 26.5 percent to 197,448 units from 156,034 units in the same period last year. Commercial vehicles made up the chunk of the automotive industry’s year-to-date sales at 123,658 units, while passenger cars accounted for 73,790 units. Toyota Motor Philippines Corp. remained the country’s top seller with a market share of 43.63 percent, followed by Mitsubishi Motors Philippines Corp. with 18…

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