AMID the economy’s continued growth, driven by positive investor confidence and increased consumer spending, local vehicle sales zoomed in the first quarter of 2016 by 22 percent to 76,479 units from 62,882 units in the same period last year.
A joint report of the Chamber of Automotive Manufacturers of the Philippines (Campi) and the Truck Manufacturers Association (TMA) showed that heavy trucks and buses posted the biggest growth.