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Philippines

AVID president says automotive sales in Philippines may drop 40% in 2020

Reported on April 24, 2020, the president of the 17-member Association of Vehicle Importers and Distributors Inc (AVID) who is also a president and CEO of Hyundai Asia Resources Inc (HARI) said that 2020 car sales in Philippines may further drop to around 30-40% with the recently announced lockdown extension, referri....

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