Auto firms seek gov’t help as sales slump 48.7%

The automotive industry is now asking the Department of Trade and Industry (DTI) for support as the pandemic might lead to worse problems than just the much fewer car sales at the end of the year. Vehicle sales dropped 35.4 percent to 20,542 in July alone from 31,810 units in the same month last year, […]

CLI posts 41% jump in reservation sales

The Soberano family’s Cebu Landmasters Inc. (CLI) said real estate prospects remained strong in the Visayas and Minda­nao despite a slowdown in the broader economy caused by the COVID-19 pandemic. The company said reservation sales, an indication of future revenue,...

RV sales boom in China as safe travel alternative

The 4th Guangzhou International RV and Camping Expo begins in Guangzhou, Guangdong province on July 24, 2020. Sipa via China Daily/Asia News Network BEIJING — Sales and rentals of recreational vehicles witnessed a boom in China during the post-pandemic period, as...