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Article: BRIEFING - ASIA AUTOMOTIVE - JUNE 16, 2009.
- Article from:
- AsiaPulse News
- Article date:
- June 16, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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16, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
FILIPINO CARMAKERS KEEP 2-4% GROWTH TARGET DESPITE SLUMP
MANILA - Filipino car manufacturers are maintaining their two to four per cent growth projections for the year despite the global economic slump.
Elizabeth H. Lee, president of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), said the industry's growth would be sustained as automotive players continue with their sales promotions and easy payment schemes that benefit buyers.
INDONESIA'S ASTRA ...