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CAMPI eyes 17% hike in auto industry sales for 2022

File photo MANILA - The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) targets the local automotive vehicle industry to expand by 17 percent in terms of volume of sales this year. "As the economy reopens, the safety and health of the public is paramount to prevent another wave of virus infections and cause disruption anew to the recovery of the industry, which targets to sell 336,000 units this year a 17-percent increase from the actual volume last year," CAMPI president Rommel Gutierrez said in a statement Thursday. Last year, CAMPI alone registered a 20-percent sales increase selling 268,488 units in 2021. On the other hand, the group of vehicle importers reported an increase of 14 percent last year with a total of 58,916 unit sales. Meanwhile, CAMPI members' vehicle sales in February this year still registered a decline. However, the decrease is slower compared to the start of the year. CAMPI said vehicle sales declined by 7.3 percent to 24,304

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