Philippines car sales declined by 4% in 2011

Philippines vehicle sales decreased by 4% in 2011 on the supply disruptions caused by floods in Thailand and earthquake in Japan, according to industry report. Overall sales in 2011 amounted 141,616 vehicles as compared to 147,488 in 2010, announced Chamber of Automotive Manufacturers. December's total sales of vehicles lost 14% while sales of the passenger cars saw 23% increase due to sales promotions.