Campi first trimester vehicle sales jump 22%

Local automotive manufacturers on Thursday announced 22-percent growth in unit sales for the first four months of the year, with passenger cars showing the biggest gain.

Based on the figures provided by the joint Marketing Committee of Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA), first trimester sales reached 69,737 units in the year-to-date, compared with 57,128 units sold in the same period in 2013.