Vehicle Importers Encounter Sum Yr Sales Rest Steady Inwards 2019
AVID President Ma. atomic lay out 26 Perez-Agudo said, “AVID’s functioning inwards the concluding calendar month of the yr augurs good for the automotive manufacture equally nosotros start out the Year of the Metal Rat as well as the novel decade. The continued easing of inflation rates, lower fuel prices, as well as increased authorities spending volition only bolster sales for the group. We volition complement these positive indicators amongst novel models, value-packed service offerings, as well as easier ownership schemes.”
For 2019, the Passenger Cars (PC) segment declined past times 0.5 per centum from 30,876 units sold inwards 2018 to 30,726 units sold inwards in 2019. Hyundai sold to a greater extent than vehicles inwards this segment than all reporting members combined amongst a full of 17,761 units inwards 2019. Suzuki follows amongst 8,621 units. Several other brands likewise recorded positive sales concluding yr such equally Ford as well as about luxury brands—Mercedes-Benz, Audi, as well as Volvo.
The PC segment climbed v per centum inwards Dec 2019 lone amongst 2,608 units versus the same menstruation inwards 2018.
In the Light Commercial Vehicles (LCV) segment, AVID recorded a 1.1 per centum dip inwards 2019 sales from 56,999 units sold inwards 2018 to 56,351 units inwards 2019. However, functioning of this segment increased past times xvi per centum inwards Dec 2019 lone amongst 5,362 units sold versus the same menstruation concluding year. Ford leads this segment amongst a full of 19,993 units sold, followed past times Suzuki comes afterward amongst 15,298 units as well as Hyundai, a closed third, closely followed past times Hyundai amongst 15,095 units sold inwards 2019.
In the Commercial Vehicles (CV) segment, AVID recorded a 63 per centum increment inwards sales or a full of 907 units inwards 2019 versus 2018. In Dec alone, CV sales increased soared past times 98 per centum amongst 119 units sold versus Nov 2019.
Editor’s Note:
- ANG – Auto Nation Group (Chrysler, Jeep, Dodge, Mercedes-Benz)
- BBAI – British Bespoke Automobiles, Inc. (Rolls-Royce)
- BUAI – British United Automobiles, Inc. (Lotus, MINI)
- DMI – DBPHILS Motorsports, Inc. (Aston Martin)
- FGPI – Ford Group Philippines, Inc. (Ford)
- HARI – Hyundai Asia Resources, Inc. (Hyundai)
- LMI - Legado Motors, Inc. (GAC)
- MIPI – Motor Image Pilipinas, Inc. (Subaru)
- JAIPI – JAC Automobile International Philippines (JAC)
- PGA – PGA Cars, Inc. (Audi, Bentley, Lamborghini, Porsche)
- SMC – Scandinavian Motors Corporation (Volvo)
- SPI – Suzuki Philippines, Inc. (Suzuki)
- TCCCI – The Covenant Car Company, Inc. (Chevrolet)