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Nissan Sees RP Auto Sales Up by 8% in 2008; Launches New MPV

June 6, 2008 by Tsikot · Leave a Comment 

Nissan Motor Philippines Inc. (NMPI) expects local auto sales to remain on high gear this year, zooming eight percent more to 126,000 units, as demand for compact cars and fuel-efficient models heightens.

Last year, the country’s auto industry sales broke past the 100,000-mark for the first time in a decade to 117,000 units as manufacturers unveiled upgraded variants of best-selling models to meet the growing demand for utility or multi-purpose vehicles (MPVs).

“The opportunity lies in the AUV and MPV segment where the biggest migration of vehicle owners seems to be happening,” NMPI president Allen Chen said during the launch yesterday of its 1.8-liter Grand Livina MPV.

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