AVID gets a steady start in 2013

By MUMLOLOUK payday loans

20 February 2013

AVID gets a steady start in 2013

 
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In January 2013, the cumulative sales from members of the Association of Vehicle Importers and Distributors Inc. (AVID) reached 2,625 units. Not bad, but not that great either. That's because it's only 1 car less than the group was able to sell in the same month last year. Still, AVID's report show that January's sales figures is a 23.4% growth from December 2012 thanks to the 43% expansion in the Passenger Car (PC) segment.
 
Leading the tally is Hyundai Asia Resources Inc. (HARI) who managed to sell 1,992 units for the month of January, which is a 32.4% growth from December 2012 despite being 161 cars less than the same month last year. Other noteworthy performers are Motor Image Pilipinas (Subaru), PGA Cars Inc. (Audi, Porsche, Lamborghini), and The Covenant Car Company Inc. (Chevrolet) which posted sales growth of 61%, 54%, and 45% respectively.
 
British United (MINI), CATS Motors (Mercedes-Benz, Dodge, Chrysler, Jeep), and Scandinavian Motors (Volvo), on the other hand, all posted a sales decline in January. But we're speculating that this slump is only temporary as the three companies all have plans of launching all-new models sometime soon which should help bring sales figures back up. The shortlist includes the MINI Paceman, the all-new Mercedes-Benz A-Class, and the all-new Volvo V40.
 
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“AVID remains upbeat in the current year against expectations of a stronger Philippine economy and more vibrant customer-focused brand-building initiatives which are anchored on innovations that will excite our consumers and raise their absolute satisfaction,” remarked AVID President Ms. Ma. Fe Perez-Agudo.
 
AVID is a private non-stock, non-profit business association that is composed of British United Automobiles Inc. (MINI), CATS Motors (Mercedes-Benz, Chrysler, Dodge, and Jeep), Focus Ventures Inc. (Chana and FAW), Foton Motor Philippines, Hyundai Asia Resources Inc., Jaguar Cars Inc., Motor Image Pilipinas (Subaru), PGA Cars Inc. (Audi, Porsche, and Lamborghini), Scandinavian Motors Corporation (Volvo), and The Covenant Car Company Inc. (Chevrolet).
 
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