PHILIPPINES: Vehicle sales up in July, export incentives needed

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Vehicle sales in the Philippines increased by 37.7% year-on-year in July to 15,972 units, from 71,506 units a year earlier, according to data released by the Chamber of Automotive Manufacturers in the Philippines Inc (CAMPI). The association's president, Elizabeth Lee, attributed the ongoing sales growth to a "strengthening consumer and business confidence". Full story...