Imported car sales up 14% in first 4 months

Sales of imported vehicles in the Philippines continued to pick up pace in the first four months of the year compared to last year, suggesting improving incomes in the domestic car market amid steady economic growth.

Figures provided by the Association of Vehicle Importers and Distributors (AVID) showed that the number of imported cars sold in the first four months climbed by 14 percent to 11,712 units compared to 10,283 units delivered within the same period last year.