Automakers in the Philippines are expected to increase their contribution to regional production with the implementation of the Comprehensive Automotive Resurgence Strategy or CARS Program, the Trade department said.
Trade Assistant Secretary Rafaelita Aldaba, speaking at a supply chain conference on Friday, said the country was expected to expand its share of the Southeast Asian auto market to 8.3 percent in 2022 from 2.67% last year.
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