New Car Sales Surge 19.5 Percent In May; But Insider Says Growth May Be Artificial | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices

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New Car Sales Surge 19.5 Percent In May; But Insider Says Growth May Be Artificial | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
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New car sales surge 19.5 percent in May, but insider warns growth may be artificial. PHLAutoIndustry CarSales CarGuidePH

New Car Sales Surge 19.5 Percent In May; But Insider Says Growth May Be Artificial

For the January to May period, CAMPI-TMA’s total sales climbed 14.6 percent to 126,273 units this year. The industry is looking to finish 2022 north of 340,000 units. This is compared to 2021’s year-end total of 268,488 units.

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