Philippines Vehicles Market fell down 11.58% in August, due to the general increase of vehicles prices hit by the application of the Tax Reform for Acceleration and Inclusion (TRAIN). Nissan is the star of the year, advancing in fourth place. New Mitsubishi Xpander best seller.
Some 🤯 excerpts from a book on international finance crises
Tuesday September 15, 2020
The book is This Time Is Different by Carmen Reinhart and Kenneth Rogoff [Amazon link]. Couldn’t help but share some passages that sound like they could have been written about our present situation. — Highlights (taken verbatim) It is notable that the nondefaulters, by and large, are all hugely successful growth stories. This begs the […]
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Cape Verde. Auto sales plummet 38.7% in sales Year to Date in August 2020 while Volkswagen soars 170%
Friday September 25, 2020
Cape Verde vehicles market in 2020 reports considerable losses as the pandemic influences sales. Indeed, 315 units were sold Year To Date until August, losing 38.7% compared to last year. Renault (-45.1%) remains the leader, closely followed by Toyota (-12.4%). Volkswagen was the best performer, soaring 170%. Economic Environment Cape Verde’s economic growth momentum remains […]
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