Passenger-car sales show signs of recovery; exports continue to plummet

New-vehicle sales in October picked up some long-awaited momentum and increased by 5.5%, to 47 942 units, compared with the same month last year, driven by a recovery in passenger-car sales. naamsa | The Automotive Business Council CEO Mikel Mabasa says the new-passenger-car market reached 34 228 units – a 14.5% jump compared with October a year ago.