THE Philippine automotive industry saw stellar growth in 2015 as total vehicle sales increased 28 percent, surpassing the industry target of 320,000 units amid strong demand for imported models.
Data provided by the Association of Vehicle Importers and Distributors Inc. (AVID) showed that sales of imported vehicles last year surged 65 percent to 58,712 units versus the 35,593 sold in 2014.
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