Philippines vehicle sales up 12 percent

[mrpink]

"Motor vehicle sales in the Philippines rose 12 percent from a year earlier to 63,699 units in the eight months to August, industry associations said Friday.

Passenger car sales were up 12 percent to 23,718, while commercial vehicle sales grew 11 percent to 39,981, said the Chamber of Automotive Manufacturers of the Philippines and the Truck Manufacturers Association in a joint report.

Trucks, buses, vans and sport utility vehicles are all classified as "commercial vehicles" in the Philippines.

August sales alone grew 13 percent to 8,191, with car sales up 22 percent to 3,040 and commercial vehicle sales up eight percent to 5,151.

The release of new models and aggressive marketing efforts helped boost sales even as oil prices rose sharply, the two groups said.

They forecast full-year 2005 sales of 95,000 vehicles, up eight percent from last year.

"Overall sales are expected to increase in the coming months, with September a seasonally high sales month," they added."

marami siguro nag-hahabol bago magkaroon ng impact ang evat sa prices ..

[chieffy]

kaya naman lalong lumalala traffic situation....isa na siguro ito sa mga factors...dumadami saskyan pero di lumalaki/na improve ang daan...

opinyon lang pow...

[niky]

In times of crisis... buy a car! Mind-boggling.

[empy]

all else being equal, an increase in sales of so-called durable goods is a good sign for an economy

[mbt]

...but not when it could mean that the rich are getting richer and the poor are getting poorer hehe

[seung]

*mbt

Sa tingin ko iyan ang situation sa ngayon.

Kapag mahirap, lalong humihirap. Kapag mayaman, lalong yumayaman.

[falken]

Kala ko ba naghihirap tayong mga Pinoy?

[odell]

ganyan talaga pero panay gastos parin ang pinoy kahit tag ubos na.. kumbaga hidne na lang siguro pinapansin ang kahirapan. hehehe

[zidane21]

mukang maraming bumibili ng mga vehicles ngayon para maiwasan ang effect ng e-vat pag na-implement na in the near future.

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[SIZE=2]Mini Cooper with B16A Engine inside! [/SIZE]

[bougartt]

1. Hayus talaga ang priorities ng mga pinoy hahahaha
-Oto muna tapos pang tuition ng anak
- Oto muna tapos bahay<para sa mga bagong kasal> (ok lang daw tumira kasama ng mga magulang)

2. OR nagwala mga nanalo sa LOTTO.
-Nanalo ng 20M bumili ng 5oto