Nissan India achieved growth of 161 per cent in the domestic market for the month of November and exports received 152 per cent yearly growth in the financial year 2021.
File photo MANILA - The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) remains hopeful to hit the industry's sales target this year after recording an encouraging month-on-month growth in September. A joint report of CAMPI and Truck Manufacturers Association (TMA) on Monday showed that vehicle sales in September grew 35.6 percent to 21,493 units from 15,847 units in August this year. In a statement, CAMPI president Rommel Gutierrez said the favorable development last month will help the industry to achieve its sales target for this year. "Amidst the challenges, the industry's optimism still lingers for a better sales performance in the fourth quarter this year. This is driven by the overall improved consumer confidence resulting from a more buoyant economic condition and household spending, according to the recent government data," he added. Earlier, Gutierrez said the industry targets to end the year with 295,400 unit sales. The target includes