PHILIPPINES: Sales fall sharply in July

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New vehicle sales in the Philippines fell sharply year-on-year in July, by 23% to 11,550 units, from an estimated 14,992 units in the same month a year ago. This data includes members of the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI), and excludes data from non-members, including Hyundai, Kia and Subaru.