Local motorcycle sales surge past 700,000 mark at end-May

Local motorcycle sales surge past 700,000 mark at end-May

The Philippines’ motorcycle industry remains on an upward trajectory, with sales surging past 700,000 by the end of May, as demand for greater mobility and an affordable mode of transportation continues to sweep the nation.The latest figures from the Federation of Asian Motorcycle Industries (FAMI) showed that 746,016 motorcycles were sold in the country from January to May, representing an eight percent increase from 688,790 in the same period …