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Sales volume of imported cars in Philippines declines 17% in 2018
According to Philippines Association of Vehicle Importers and Distributors, Inc. (AVID), 88,700 units of imported vehicle sales were recorded in 2018, or 17% fewer than 106,285 sales units in 2017.
AVID blamed sales decline on the confluence of high inflation, rising borrowing costs, soaring oil prices and tax hikes,....
AVID blamed sales decline on the confluence of high inflation, rising borrowing costs, soaring oil prices and tax hikes,....
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