Motorists and commuters experience heavy traffic along the southbound lane of Kamuning and the westbound lane of Philcoa in EDSA, Quezon City as work resumes on April 1, 2024.MANILA, Philippines —
Malaysia also posted higher motor vehicle output in the January to February period as it produced 141,688 units, up by 15.8 percent from 122,325 units in the same period last year. In terms of motor vehicle sales, the Philippines also registered the second fastest growth rate at 19.4 percent, with 72,132 units sold as of end-February from the 60,404 units sold in the same period a year ago.
Meanwhile, those with lower vehicle motor vehicle sales were Vietnam , Indonesia and Thailand .In motorcycle and scooter production, however, the Philippines posted the second biggest drop in output in the first two months of the year as it assembled 208,666 units, 13 percent lower than the 240,197 units manufactured in the same period last year.
Motorcycles and scooters produced in ASEAN fell by 11.8 percent to 649,298 units as of end-February from 736,581 units in the same period last year. Other ASEAN countries where motorcycle and scooter sales also dipped as of end-February are Thailand and Indonesia .ASEAN’s motorcycle and scooter sales dipped by 10.2 percent to 655,140 units in the January to February period from 729,384 units in the same period last year.ASUS redefines smart productivity for modern era with two new Zenbooks
Source: Car News Wire (carnewswire.net)
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