Car sales down 1% in January

Automobiles sold in the country fell slightly to 23,380 units last month, which an industry group said on Thursday signaled the sector’s gradual rebound from the impact of the coronavirus pandemic.

Data from the Chamber of Automotive Manufacturers of the Philippines (Campi) and Truck Manufacturers Association (TMA) showed that the January figure was a 1.4-percent decrease from 23,723 units a year earlier.