PH vehicle importers realize 43% sales growth in first 7 months of year

EDSA

Sales of a local vehicle importers’ group have jumped by 43 percent for the full seven months of the year versus the similar period in 2020.

As shared by the Association of Vehicle Importers and Distributors, Inc. (AVID), sales from January to July have reached 35,092 units versus the 24,610 vehicles rolled out to clients in the same period in 2020.  

However, the group experienced a five-percent dip upon welcoming the second half of the year, delivering 4,862 units to customers as opposed to the 5,101 units that were sold for the same month the previous year. On a month-on-month comparison, sales for the whole 11-company alliance suffered a two-percent dip after its members collectively sold 4,921 vehicles in June 2021.

AVID Logo

Driving the overall sales climb for the January-July period is the Light Commercial Vehicle (LCV) segment with 25,127 units sold—reflecting a 52-percent increase over the 2020's 16,561 vehicles sold. It accounted for 72 percent of the total volume.

Leading the LCV sales rally is Ford Philippines  with 10,343 units sold, Suzuki Philippines (SPH) with 7,076 units, and Hyundai Asia Resources Inc. (HARI) with 3,177 units sold.

Passenger car sales  totaled 9,110 units for the full seven months of 2021, which is 15 percent higher compared to the 7,893 received by buyers during the same period last year. SPH is the leading volume seller for the segment with 4,559 units sold followed by HARI with 2,979 units sold.

Ma. Fe Perez-Agudo

Percentage-wise, the commercial vehicle segment had the biggest upward movement with a — 448 percent surge from 156 units last year to 855 sold this year. Of the total numbers, HARI contributed 852 units.

 “The gradual adaptation of the automotive industry to ‘now normal’ operations is mainly driven by the valuable lessons gathered and learned over the course of the period. These lessons fuel our passion for developing new and innovative ways to addressing the needs of the market. And AVID is determined to pave the way towards recovery,” AVID President Ma. Fe Perez-Agudo was quoted as saying.

Photos from Ruben D. Manahan IV, Association of Vehicle Importers and Distributors, Inc.

Also read:

PH vehicle importers enjoy 55% sales surge in H1

PH auto importers register growth anew in May

Auto importers group reports 40% growth from Jan. to Apr.

Read All

Featured Articles

Recommended Articles For You

Read All

Featured Cars

  • Upcoming

Car Articles From Zigwheels

  • News
  • Article Feature
  • Advisory Stories
  • Road Test
  • Grab PH, Move It partners hand over goods to Typhoon Kristine-affected areas
    Grab PH, Move It partners hand over goods to Typhoon Kristine-affected areas
    Cesar Miguel . Today
  • Oil firms to conduct mix price adjustments this week
    Oil firms to conduct mix price adjustments this week
    Ruben Manahan IV . Nov 04, 2024
  • Toyota conducts trial run for Hilux BEV prototype
    Toyota conducts trial run for Hilux BEV prototype
    Cesar Miguel . Nov 04, 2024
  • 9th PIMS: Honda Cars PH launches new leasing program
    9th PIMS: Honda Cars PH launches new leasing program
    Cesar Miguel . Nov 04, 2024
  • Porsche 911 Carrera T now available in coupe, cabriolet options
    Porsche 911 Carrera T now available in coupe, cabriolet options
    Ruben Manahan IV . Nov 04, 2024
  • GWM Ora 3: strengths and weaknesses
    GWM Ora 3: strengths and weaknesses
    Cesar Miguel . Nov 04, 2024
  • Spooky journeys: scariest places to drive in PH
    Spooky journeys: scariest places to drive in PH
    Paulo Papa . Oct 31, 2024
  • 5 scary things owners can find in their car
    5 scary things owners can find in their car
    Cesar Miguel . Oct 31, 2024
  • Let’s take a peek inside the Hyundai Ioniq 5 N
    Let’s take a peek inside the Hyundai Ioniq 5 N
    Cesar Miguel . Oct 30, 2024
  • 9th PIMS: Aftermarket products are a-plenty
    9th PIMS: Aftermarket products are a-plenty
    Cesar Miguel . Oct 29, 2024
  • Here are some ideal destinations and safety tips for the upcoming Holy Week
    Here are some ideal destinations and safety tips for the upcoming Holy Week
    Paulo Papa . Mar 08, 2024
  • Here are some New Year’s resolutions for car owners
    Here are some New Year’s resolutions for car owners
    Paulo Papa . Jan 03, 2024
  • PH auto market: 2023 in retrospect
    PH auto market: 2023 in retrospect
    Paulo Papa . Dec 15, 2023
  • Here’s a holiday gift guide for car enthusiasts
    Here’s a holiday gift guide for car enthusiasts
    Hazel Nicole Carreon . Dec 15, 2023
  • Oil players cut pump prices anew
    Oil players cut pump prices anew
    Paulo Papa . Nov 14, 2023
  • Toyota Corolla Cross H2 Concept: what we have learned so far
    Toyota Corolla Cross H2 Concept: what we have learned so far
    Ruben Manahan IV . Today
  • MG 3 Hybrid Plus: Quick and practical
    MG 3 Hybrid Plus: Quick and practical
    Cesar Miguel . Oct 31, 2024
  • Toyota Avanza G CVT: Dashingly dependable
    Toyota Avanza G CVT: Dashingly dependable
    Paulo Papa . Oct 14, 2024
  • 2022 Honda Civic RS Turbo CVT Honda SENSING: one of sedan segment's major thrusters
    2022 Honda Civic RS Turbo CVT Honda SENSING: one of sedan segment's major thrusters
    Ruben Manahan IV . Sep 25, 2024
  • GAC Emkoo Hybrid: Peppy, efficient powerhouse for the price-conscious
    GAC Emkoo Hybrid: Peppy, efficient powerhouse for the price-conscious
    Cesar Miguel . Sep 23, 2024