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Philippines notes 2nd fastest growth in car production and sales among AAF-tracked ASEAN countries in first 2 months of 2024
Reported on April 3, 2024, the Association of Southeast Asian Nations Automotive Federation (AAF)’s latest data showed that 22,379 motor vehicles were assembled in the Philippines in January to February 2024, an increase of 20.9% from 18,510 units (revised figure) recorded in the first 2 months of 2023.
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