Avid Members Run Into Sales Drib Sixteen Pct Inwards January 2020
The members of the Association of Vehicle Importers together with Distributors, Inc. (AVID) says their Jan 2020 sales dropped sixteen per centum compared to the same menstruation inwards 2019 due to challenges posed yesteryear the Tall Ash Fall followed yesteryear the outbreak of COVID-19.
The group, which is composed of 25 brands, saw its sales dip collectively to 5,433 units compared to 6,482 units inwards Jan 2019.
“2020 volition hold upwards a rattling challenging twelvemonth for the manufacture given the slowdown inwards automotive demand, render chain disruptions, together with dampened consumer confidence caused yesteryear these twin events. Fortunately, the Philippine economic scheme remains potent backed yesteryear robust world spending, somebody consumption, together with lower involvement rates,” AVID President Ma. atomic release 26 Perez-Agudo said.
“I am confident that AVID members volition conform to together with hurdle these challenges together with bounce dorsum fifty-fifty stronger inwards the coming months,” she added.
The Passenger Cars (PC) segment declined yesteryear 31 per centum inwards the showtime calendar month of 2020 amongst 1,553 units sold inwards Jan 2020 versus the 2,258 units sold inwards the same menstruation concluding year. Hyundai took the transcend location amongst 967 units, followed yesteryear Suzuki amongst 353 units, Ford amongst 117 units, together with Auto Nation Group (Chrysler/Jeep/Dodge/Mercedes-Benz) amongst 56 units.
Buyers though swung to the Light Commercial Vehicles (LCV) segment which saw a pocket-size 7.3 per centum dip for the calendar month amongst 3,855 units sold versus 4,157 units sold inwards the same menstruation concluding year. Here, Ford leads amongst 1,375 units sold followed yesteryear Suzuki at 1,122 units, Hyundai at 1,053, together with Motor Image (Subaru) at 178 units.
In the Commercial Vehicles (CV) segment, AVID recorded a 63 per centum dip or a full of 25 units sold inwards Jan 2020 versus the same menstruation concluding year.
“We are no strangers to adversity together with disruptions. As nosotros accept done inwards the yesteryear 10 years of AVID’s existence, our members rest resolute to provide meliorate vehicles, meliorate services, together with meliorate client experiences to Filipinos everywhere,” Ms. Agudo concluded.
January 2020 AVID Sales
Passenger Cars
- ANG – Auto Nation Group (Chrysler, Jeep, Dodge, Mercedes-Benz) – 56 units
- BBAI – British Bespoke Automobiles, Inc. (Rolls-Royce) - 0
- BUAI – British United Automobiles, Inc. (Lotus, MINI) – xv units
- DMI – DBPHILS Motorsports, Inc. (Aston Martin) - 0
- FGPI – Ford Group Philippines, Inc. (Ford) – 117 units
- HARI – Hyundai Asia Resources, Inc. (Hyundai) – 967 units
- MIPI – Motor Image Pilipinas, Inc. (Subaru) – xv units
- LMI – Legado Motors, Inc. (GAC) – 0 units
- PGA – PGA Cars, Inc. (Audi, Bentley, Lamborghini, Porsche) - units
- SMC – Scandinavian Motors Corporation (Volvo) – 1 unit
- SPI – Suzuki Philippines, Inc. (Suzuki) – 353 units
- TAC – Triesenburg Auto Corporation (Kinglong) – 8 units
- TCCCI – The Covenant Car Company, Inc. (Chevrolet) – 21 units
- ANG – Auto Nation Group (Chrysler, Jeep, Dodge, Mercedes-Benz) – 22 units
- BBAI – British Bespoke Automobiles, Inc. (Rolls-Royce) - 0
- BUAI – British United Automobiles, Inc. (Lotus, MINI) – 1 units
- DMI – DBPHILS Motorsports, Inc. (Aston Martin) - 0
- FGPI – Ford Group Philippines, Inc. (Ford) – 1,357 units
- HARI – Hyundai Asia Resources, Inc. (Hyundai) – 1,053 units
- JAIPI – JAC Automobile International Philippines (JAC) – 0 units
- MIPI – Motor Image Pilipinas, Inc. (Subaru) – 178 units
- LMI – Legado Motors, Inc. (GAC) – 0 units
- PGA – PGA Cars, Inc. (Audi, Bentley, Lamborghini, Porsche) - units
- SMC – Scandinavian Motors Corporation (Volvo) – four unit
- SPI – Suzuki Philippines, Inc. (Suzuki) – 1,122 units
- TAC – Triesenburg Auto Corporation (Kinglong) – sixteen units
- TCCCI – The Covenant Car Company, Inc. (Chevrolet) – 84 units
- HARI – Hyundai Asia Resources, Inc. (Hyundai) – 25 units
- JAIPI – JAC Automobile International Philippines (JAC) – 0 units