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AAF: Philippines posts 2nd biggest growth in car production among ASEAN countries in Jan-May 2024
Reported on July 5, 2024, data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed that Philippines’ motor vehicle production in January to May 2024 reached 54,045 units, up 13.2% YoY. In the month of May 2024 alone, Philippines’ output surged 22.8% to 11,650 units.
In the first....
In the first....
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