HomeAutomotivePhilippines Seeing A Big Rise In Car Sales

Philippines Seeing A Big Rise In Car Sales

Vehicle sales are rising rapidly as the economy booms. Purchases increased 18% from a year earlier in the first 5-months of the year, after gaining 25% in 2016. But there are risks ahead. President Rodrigo Duterte is pushing for a sweeping change to tax laws that includes higher levies on cars.

Daniel Sherman Fernandez
Daniel Sherman Fernandez
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